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Tokyo stocks open lower on yen's strength after Trump's remarks on dollar

Xinhua, April 13, 2017 Adjust font size:

Tokyo stocks opened lower Thursday on the yen's continued appreciation against the U.S. dollar following U.S. President Donald Trump warning that the dollar was getting too strong.

As of 9:15 a.m. here, the 225-issue Nikkei Stock Average dropped 164.22 points, or 0.89 percent, from Wednesday to 18,388.39.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 13.23 points, or 0.89 percent, to 1,466.31.

Notable early decliners comprised mining, iron and steel, and nonferrous metal-linked stocks. Endit