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Tokyo stocks close lower on yen's appreciation, concerns after Trump's address

Source: Xinhua| 2018-01-31 14:55:00|Editor: Chengcheng
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TOKYO, Jan. 31 (Xinhua) -- Tokyo stocks closed lower Wednesday as the yen's rise against the U.S. dollar impacted exporter issues and dragged down the broader market, while immigration and trade issues sparked some concerns following U.S. President Donald Trump's first State of the Union address.

The 225-issue Nikkei Stock Average dropped 193.68 points, or 0.83 percent, from Tuesday to close the day at 23,098.29.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 21.42 points, or 1.15 percent, to finish at 1,836.71.

Mining, iron and steel, and precision instrument-linked issues comprised those that declined the most by the close of play.

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