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Tokyo stocks close lower as yen's rise weighs on exporters

Xinhua Financein TOKYO
2018-10-09 16:08

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Tokyo stocks closed lower Tuesday as exporter-linked issues lost ground following the yen's rise against the U.S. dollar.

The 225-issue Nikkei Stock Average dropped 314.33 points, or 1.32 percent, from Friday to close the day at 23,469.39.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 31.53 points, or 1.76 percent, lower to finish at 1,761.12.

Electric appliance, transportation equipment and mining-oriented issues comprised those that declined the most by the close of play.

Markets here were closed on Monday for a national holiday.
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