TOKYO, Nov. 20 (Xinhua) -- Tokyo stocks closed lower Monday in choppy trade as a weak lead from Wall Street overnight set a negative tone, while the yen's rise against the U.S. dollar weighed on exporter-linked issues.
The 225-issue Nikkei Stock Average lost 135.04 points, or 0.60 percent, from Friday to close the day at 22,261.76.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 4.11 points, or 0.23 percent, to finish at 1,759.65.
As local strategists said last week, following the market going through a correction after earnings season here and hedge funds closing their books, fresh incentives for investors would be lacking.
Traders said all investors had to go on, following Wall Street's retreat overnight, were currency moves and with the yen's appreciation against the U.S. dollar hurting exporter issues here, which has a negative bearing on the broader market, the index's slide came as no surprise.
Insurance, securities, and oil and coal product-oriented issues comprise those that declined the most by the close of play, and rising issues beat falling ones by 1,263 to 700, on the First Section, with 74 ending the day unchanged.
On the main section on Monday, 1,454.66 million shares changed hands, rising from Friday's volume of 1,980.21 million shares.
The turnover on the first trading day of the week came to 2,349.6 billion yen (20.97 billion U.S. dollars).
