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Tokyo shares close lower on stronger yen, Nintendo shares slump

TOKYO
2016-07-25 15:03

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Tokyo shares closed slightly lower Monday following the yen's advance against the U.S. dollars, while the market sentiment was also weighed by a slump in shares of Nintendo Co., which launched the popular "Pokemon Go" mobile game in Japan last week.

The 225-issue Nikkei Stock Average ended down 6.96 points, or 0. 04 percent, from Friday at 16,620.29. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 2.15 points, or 0.16 percent, lower at 1,325.36.

Decliners were led by miscellaneous product, marine transportation as well as information and communication issues. The day's turnover was about 2,031.4 billion yen (around 19.11 billion U.S. dollars).

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