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Tokyo Stocks Close Slightly Lower as Investors Eye Outcome of Fed Policy Meeting
 

Tokyo stocks ended marginally lower Wednesday as initial gains on Wall Street's advance were pared by a circumspect mood ahead of the conclusion of the U.S. Federal Reserve's two-day policy meeting later on the day.

The 225-issue Nikkei Stock Average shed 15.23 points, or 0.08 percent, from Tuesday to end the day at 19,883.52.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, edged 1.74 points, or 0.11 percent, lower to finish at 1,591.77.

Oil and coal product, nonferrous metal and insurance-related stocks comprised those that declined the most by the closing bell, and declining issues outpaced advancing ones by 1,082 to 774 on the First Section.

Trading volume on the main section on Wednesday came to 1,701.27 million shares, rising slightly from Tuesday's volume of 1,614.38 million shares.

The turnover on the third trading day of the week totaled 2,207.5 billion yen (20.05 billion U.S. dollars).


(www.chinaview.cn 2017-06-15)
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