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Tokyo stocks decline in morning on firm yen, concerns for Trump administration

Xinhua, May 17, 2017 Adjust font size:

Tokyo stocks declined Wednesday morning as a firm yen against the U.S. dollar weighed on export issues, while concerns resurfaced about recent decisions made by U.S. President Donald Trump.

The 225-issue Nikkei Stock Average lost 97.63 points, or 0.49 percent, from Tuesday to 19,822.19.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 7.8 points, or 0.49 percent, to 1,576.43.

Mining, insurance and transportation equipment-linked stocks were among those that declined the most by the morning break. Endit