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Nikkei falls on strong yen, selling in Apple suppliers

Published 2016/09/26, 08:24
Updated 2016/09/26, 08:30
© Reuters.  Nikkei falls on strong yen, selling in Apple suppliers
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TOKYO, Sept 26 (Reuters) - Japan's Nikkei fell on Monday, with a strong yen souring overall sentiment and Apple Inc's AAPL.O suppliers underperforming on worries about weak overseas iPhone sales, while some investors turned their focus to the U.S. presidential debate.

The Nikkei .N225 dropped 1.3 percent to 16,544.56.

The broader Topix .TOPX dropped 1.0 percent to 1,335.84 and the JPX-Nikkei Index 400 .JPXNK400 declined 1.1 percent to 11,976.89.

Apple suppliers TDK Corp 6762.T tumbled 6.3 percent, Japan Display Inc 6740.T dived 7.4 percent and Murata Manufacturing 6981.T shed 3.3 percent after market research firm GfK said that new iPhone's European sales would be lower than iPhone 6's pace.

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