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Tokyo: Nikkei falls to fresh 1-month low on strong yen, auto stocks underperform

Monday, April 4, 2016 - 14:19

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Japan's Nikkei share average fell to a fresh one-month low on Monday as the US dollar sagged against the yen despite a stronger-than-expected US jobs report, while automakers skidded after posting disappointing sales.

[TOKYO] Japan's Nikkei share average fell to a fresh one-month low on Monday as the US dollar sagged against the yen despite a stronger-than-expected US jobs report, while automakers skidded after posting disappointing sales.

The Nikkei dropped 0.3 per cent to 16,123.27 points.

The broader Topix rose 0.1 per cent to 1,302.71, supported by buying in such defensive stocks as drugmakers.

The JPX-Nikkei Index 400 was flat at 11,743.32.

REUTERS

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