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Japanese stocks fall by the decline in Toyota's profits and the strength of the yen
Japanese stocks
Japanese stocks
Japanese stocks fell on Tuesday amid thin trading influenced by the weakness of the results of Toyota Motor Corporation in light of purchasing power, which returned to the Yen against the dollar.
The Nikkei average fell 0.35% to 18,910 points, while the broader TOPIX index was 0.3% to the level of 1516 points.
By 7:16 am GMT, the yen rose against the dollar by 0.04% to 111.79 yen.
The yen's rise is a pressure on stocks related to companies exporting; what makes their products less competitive abroad.
The affected stock performance today Bavsah of falling profits Toyota Motor Corp. 39% by the end of the fourth quarter of last year to 438.5 billion yen ($ 3.9 billion), which pushed the company's shares fell 2.25%.
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