1st LD Wrtethru: Tokyo stocks end lower

0 Comment(s)Print E-mail Xinhua, June 28, 2019
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TOKYO, June 28 (Xinhua) -- Tokyo stocks fell on Friday as the G20 summit kicked off in Osaka.

The 225-issue Nikkei Stock Average ended down 62.25 points, or 0.29 percent, from Thursday at 21,275.92.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, finished 2.13 points, or 0.14 percent, lower at 1,551.14.

Oil-related issues declined as investors locked in gains after they recently advanced on rising crude prices.

Engineering firm JGC dropped 25 yen, or 1.7 percent, to 1,478 yen. Refiner JXTG Holdings shed 7.20 yen, or 1.3 percent, to 534.40 yen while its peer Idemitsu Kosan declined 40 yen, or 1.2 percent, to 3,240 yen.

A stronger yen against the U.S. dollar weighed on exporter issues.

Air conditioner manufacturer Daikin Industries fell 350 yen, or 2.4 percent, to 14,065 yen. Musical instruments maker Yamaha shed 80 yen, or 1.5 percent, to 5,120 yen, with Mitsubishi Electric down 18 yen, or 1.3 percent, at 1,419.00 yen.

By the close of play,oil and coal product, securities house and mining issues comprised those that declined the most, and declining issues outnumbered advancers 1,235 to 800 on the First Section, while 113 ended unchanged.

On the main section on Friday, 1,151.27 million shares changed hands, falling from Thursday's 1,204.36 million shares. Enditem

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