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Tokyo stocks mixed in morning as weak yen spurs buying, investors take profits

Xinhua, May 11, 2017 Adjust font size:

Tokyo stocks were mixed Thursday morning, as buying prompted by the yen's depreciation against the U.S. dollar was counteracted by investors opting to sell to secure gains made following the market's recent closing highs.

The 225-issue Nikkei Stock Average added 29.18 points, or 0.15 percent, from Wednesday to 19,929.27.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, edged down 0.85 point, or 0.05 percent, to 1,584.34.

Notable gainers by the morning break comprised mining and rubber product issues.

Iron and steel, and metal product-linked issues led those that declined the most. Endit