TOKYO (NQN)--Tokyo stocks fell Tuesday afternoon, with the Nikkei Stock Average losing about 110 points from Monday to 10,130 as of 2 p.m.
Amid a lack of incentives, the yen's appreciation against the euro prompted investors to sell stocks of electric machinery makers and precision instrument makers in particular.
Shares in some trading companies and marine shippers that rose Monday on hopes related to the yuan's revaluation expanded their losses.
Shares in Mitsui O.S.K. Lines Ltd. (9104) and Mitsui & Co. (8031) lost further ground, while shares in Sumitomo Mitsui Financial Group Inc. (8316), Mitsubishi UFJ Financial Group Inc. (8306) and Resona Holdings Inc. (8308) traded higher.