Tokyo stocks closed lower as yen’s potency considers on exporters, Fed chief’s speech expected

(MENAFN) On Thursday August 27 Tokyo stocks closed inferior as the yen’s relative strength in opposition to the United States dollar weighed on exporters in the middle of a cautious mood in front of United States Federal Reserve Chairman Jerome Powell’s speech later in the day.On Wednesday August 26 The 225-issue Nikkei Stock Average misplaced 82.00 points, or 0.35 percent, from to close the day at 23,208.86.The broader Topix index of all First Section subjects on the Tokyo Stock Exchange, in the meantime, dropped 8.59 points, or 0.53 percent, to stop at 1,615.89.Removal, insurance, and real estate-linked subjects included those that rejected the most by the lock of play.

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SOURCE: https://www.w24news.com