29-11-2024 05:42 PM | Source: IANS
Tokyo stocks end lower as strong Yen weighs on exporters
Tokyo stocks closed lower on Friday as a stronger Yen against the US dollar weighed on exporter issues.
Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 141.03 points, or 0.37 per cent, from Thursday at 38,208.03, Xinhua news agency reported.
The broader Topix index, meanwhile, finished 6.57 points, or 0.24 per cent, lower at 2,680.71.
The Yen soared to a one-month high in the upper 149 level against the US dollar Friday on speculation that the Bank of Japan would raise interest rates at its monetary policy meeting next month.
The benchmark Nikkei trimmed some losses in the afternoon on bargain-hunting, analysts said.
Latest News
Buy Info Edge Ltd For Target Rs.7,000 By Motilal Osw...
J&K: Civil society Jammu & Kashmir holds protest aga...
Sambhal District Administration blocks Mata Prasad P...
J&K Textile Sourcing Fair 2024: A boost to local ind...
Weekly market outlook by Stoxkart, CEO, Pranay Aggar...
FIIs likely to turn out consistent buyers in Indian ...
Kerala a jewel in India's startup crown: Shashi Tharoor
Indian startups raise $145 mn in funding this week
Justin Trudeau visits Donald Trump?s Florida resort,...
CM Mohan Yadav interacts with LAPP group in Stuttgar...