product data: On Friday, the key market gauge dropped 119.80 points. ; The Topix, which covers all first-section issues, closed 2.61 point, or 0.16 percent, lower at 1,618.61 after shedding 5.62 points Friday, according to The Japan Times. The yen's strength against the dollar reflected weak readings in price indicators of U.S. gross domestic product data for April-June, released Friday, and North Korea's intercontinental ballistic missile launch later in the day, brokers said. The Nikkei 225 average fell 34.66 points, or 0.17 percent, to finish at 19,925.18. But the Tokyo Stock Exchange's downside was supported by brisk earnings reports from key companies, including steelmakers, drug manufacturers and automakers, brokers said. In addition, Toshiba's coming replacement by Seiko Epson as a Nikkei average component may have provided a selling incentive for investors to raise funds to purchase the new component amid a lack of fresh trading factors, Tabei added. The weakness of the dollar against other major currencies, including the yen, can also be attributed to a risk-off market mood created by uncertainty over the policy management of the administration of U.S. President Donald Trump, said Yoshihiko Tabei, chief analyst at Naito Securities Co.
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