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Tokyo stocks close down as geopolitical concerns trigger risk adverse mood

Xinhua, April 14, 2017 Adjust font size:

Tokyo stocks closed lower Friday as increasing U.S.-linked geopolitical tensions saw Wall Street retreat overnight and investors here largely in a risk adverse mood ahead of the weekend.

The 225-issue Nikkei Stock Average dropped 91.21 points, or 0.49 percent, from Thursday to close the day at 18,335.63.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 9.24 points, or 0.63 percent, to finish at 1,459.07.

Issues that retreated the most by the close of play comprised electric power and gas, pulp and paper, and mining-linked issues, and declining issues outpaced advancing ones by 1,559 to 359 on the First Section.

Friday's trading volume on the main section came to 1,838.85 million shares, dropping from Thursday's volume of 1,958.68 million shares.

The total turnover on the final trading day of the week was 2,024 billion yen (18.58 billion U.S. dollars). Enditem