Sat, 31 Oct 2020

TOKYO, Sept. 17 (Xinhua) -- Tokyo stocks closed lower Thursday after the U.S. Federal Reserve indicating its interest rates will remain low for a prolonged period of time sent the yen higher against the U.S. dollar which dented exporter issues.

The 225-issue Nikkei Stock Average dropped 156.16 points, or 0.67 percent, from Wednesday to close the day at 23,319.37.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 5.95 points, or 0.36 percent, to finish at 1,638.40.

Land transportation, nonferrous metal and transportation equipment issues comprised those that declined the most by the morning break.

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