Tokyo: Nikkei falls as strong yen, weak GDP hit mood in holiday-thin trade

[TOKYO] Japanese stocks fell on Monday in thin trade as the yen stayed strong and data showed economic growth stalled in the second quarter, hurting investor sentiment.

The Nikkei dropped 0.3 per cent to 16,869.56.

The broader Topix fell 0.5 per cent to 1,316.63, with only 1.24 billion shares changing hands, the lowest level since April 2014, with many market participants away due to Japan's 'bon' holidays.

The JPX-Nikkei Index 400 declined 0.5 per cent to 11,853.67.

REUTERS