City
Epaper

Tokyo stocks end lower as strong Yen weighs on exporters

By IANS | Updated: November 29, 2024 16:20 IST

Tokyo, Nov 29 Tokyo stocks closed lower on Friday as a stronger Yen against the US dollar weighed ...

Open in App

Tokyo, Nov 29 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.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalHorrifying attack, predominately against Hindus: US religious freedom commission on Pahalgam assault

InternationalPakistan Tehreek-e-Insaf marks 29th foundation day, demands Imran Khan's release

MumbaiMumbai Local Train Update: Western Railway Announces 35-Hour Mega Block Between Kandivali and Borivali on April 26–27 – Details Inside

InternationalIndia, Pakistan will 'get it figured out,' says Trump on border tensions

InternationalUS: Luigi Mangione, accused of killing UnitedHealthcare CEO, pleads not guilty to federal charges

International Realted Stories

InternationalParaguay thanked by Israel for declaring Hamas and others as terror groups

InternationalPakistan reports eighth polio case of 2025

InternationalPakistan: BYC leaders start hunger strike against mistreatment of group leaders

InternationalFBI arrests Wisconsin judge for allegedly obstructing immigration agents

InternationalSenior Russian General killed in car explosion near Moscow