Tokyo stocks close slightly on profit-taking, weaker yen caps losses

Source: Xinhua| 2019-10-17 15:59:06|Editor: Shi Yinglun
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TOKYO, Oct. 17 (Xinhua) -- Tokyo stocks closed slightly lower Thursday in choppy trade as investors both sold to lock in recent gains with overall losses capped by those spurred to buy on the back of a comparatively weaker yen, giving some cyclical issues and exporters a boost.

The 225-issue Nikkei Stock Average shed 21.06 points, or 0.09 percent, from Wednesday to close the day at 22,451.86.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 7.35 points, or 0.45 percent, to end at 1,624.16.

Electric power and gas, and land transportation issues led notable declines, while marine transportation and electric appliance issues comprised those that gained the most by the close of play.

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