BUSINESS Tokyo stocks lose ground in morning as yen's rise hurts exporters

BUSINESS

Tokyo stocks lose ground in morning as yen's rise hurts exporters

Xinhua

11:47, July 03, 2019

TOKYO, July 3 (Xinhua) - Tokyo stocks lost ground Wednesday morning despite US shares making moderate advances overnight, as the yen's rise against the US dollar dampened sentiment and weighed on exporter issues.

VCG111127042580.jpg

(File photo: VCG)

The 225-issue Nikkei Stock Average dropped 145.54 points, or 0.67 percent, from Tuesday to 21,608.73.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 14.44 points, or 0.91 percent, at 1,575.40.

Oil and coal product, mining and nonferrous metal-related issues comprised those that declined the most by the morning break.  

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue