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Tokyo: Stocks fall after North Korea missile launch

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[TOKYO] Tokyo shares finished lower on Monday as the yen jumped in response to North Korea's firing of four ballistic missiles, three of which landed in Japanese-controlled waters.

The yen is seen internationally as a safe-haven currency at times of uncertainty but its rise hits Japanese exporters.

The benchmark Nikkei 225 ended the day 0.46 per cent, or 90.03 points, lower at 19,379.14. The broader Topix index of all first-section issues lost 0.20 per cent, or 3.15 points, to close at 1,554.90.

AFP

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