Stronger yen drags Tokyo stocks down
Tokyo - Tokyo stocks fell Friday as the yen's advance against the US dollar led investors to sell mainly export-oriented issues.
The benchmark Nikkei 225 Stock Average fell 145.21 points, or 1.4 per cent, to 10,238.2.
Automotive shares were among the titles that lost most ground, also affected by the early end of the US "cash for clunkers" car trade-in programme announced for August 24.
The broader-based Topix index was also down 11.25 points, or 1.18 per cent, at 947.34.
For the week, the Nikkei lost 3.39 per cent, and the Topix also fell 2.7 per cent.
On currency markets at noon (0300 GMT), the dollar traded at 93.90-95 yen, down from Thursday's 5 pm quote of 94.30-31 yen.
The euro traded at 1.4257-62 dollars, up from late Thursday's quote of 1.4220-22 dollars, and at 133.90-95 yen, down from 134.10-14 yen. (dpa)