Tokyo Stocks Close Lower on Rising Yen amid Low Turnover
Tokyo shares
Tokyo - QNA
Tokyo shares closed slightly lower Monday with market sentiment dampened by the rising yen amid relatively low turnover as many investors were out for summer holidays.
The 225-issue Nikkei Stock Average ended down 50.36 points, or 0.30%, from Friday at 16,869.56.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 6.59 points, or 0.50%, lower at 1,316.63.
Decliners were led by pulp and paper, marine transportation and insurance issues.
The day's turnover was about 1,570.1 billion yen (around 15.50 billion US dollars).
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