Knowing All about Hunan

Tokyo stocks close 0.42 pct. lower as China weakens yuan

Editor:李莎宁 实习生 蒋春雨
Source:Xinhua
Updated:2015-08-11 15:56:37

Tokyo stocks closed 0.42 percent lower on Tuesday after China's central bank moved to boldly devalue its currency during the day.

The 225-issue Nikkei Stock Average was down 87.94 points, from Monday at 20,720.75. The broader Topix index of all First Section issues on the Tokyo Stock Exchange lost 3.69 points, or 0.22 percent, to 1,687.60.

Decliners were led by warehousing, air transport and utilities.

The turnover was 2,972.39 billion yen (about 23.84 billion U.S. dollars).