Tokyo stocks decline in morning on yen's rise against U.S. dollar

0 Comment(s)Print E-mail Xinhua, July 16, 2019
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TOKYO, July 16 (Xinhua) -- Tokyo stocks lost ground on Tuesday morning as the yen's strength against the U.S. dollar dented sentiment despite Wall Street's record close overnight.

The 225-issue Nikkei Stock Average dropped 159.69 points, or 0.74 percent, from Friday to 21,526.21.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 9.73 points, or 0.62 percent, at 1,566.58.

Oil and coal product, mining, and electric power and gas-linked issues comprised those that declined the most by the morning break.

Markets here were closed in Japan on Monday for a national holiday. Enditem

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