Thu, 29 Oct 2020

TOKYO, Sept. 17 (Xinhua) -- Tokyo stocks lost ground Thursday morning following the U.S. Federal Reserve indicating it will keep interest rates near zero through 2023, while the yen's rise against the U.S. dollar dented exporter issues.

The 225-issue Nikkei Stock Average lost 174.07 points, or 0.74 percent, from Wednesday to 23,301.46.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 8.33 points, or 0.51 percent, at 1,636.02.

Land transportation, iron and steel, and air transportation issues comprised those that declined the most by the morning break.

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