Tokyo stocks close lower as exporters, energy-linked shares retreat

Source: Xinhua| 2017-05-26 16:13:50|Editor: ying
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TOKYO, May 26 (Xinhua) -- Tokyo stocks closed lower Friday as investors initially opted to take profits while a firm yen later on saw exporters offloaded, with the market mood soured by OPEC agreeing to extend supply cuts which saw energy-related issues sink.

The 225-issue Nikkei Stock Average lost 126.29 points, or 0.64 percent, from Thursday to close the day at 19,686.84.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 9.00 points, or 0.57 percent, lower, to finish at 1,569.42.

Mining, machinery, and pulp and paper-related stocks comprised those that declined the most by the close of play, and declining issues outpaced advancing ones by 1,538 to 379, on the First Section.

Trading volume on the main section on Friday came to 1,563.61 million shares, dropping from Thursday's volume of 1,677.27 million shares.

The turnover on the final trading day of the week totaled 2,155.1 billion yen (19.35 billion U.S. dollars).

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