Tokyo stocks close down 0.31pc

TOKYO, Aug 4 (AFP): Tokyo stocks closed 0.31 per cent lower on Monday, with investors discouraged by drops on Wall Street last week, a higher yen and concerns over the European economy.
The benchmark Nikkei 225 index fell 48.61 points to finish at 15,474.50, while the Topix index of all first-section issues was down 0.40 per cent, or 5.11 points, at 1,276.19.
Sentiment was weighed by concerns over how stricter sanctions on major energy supplier Russia would impact European economies and the bailout of a crisis-hit Portuguese bank, said Yoshihiro Okumura, general manager of research at Chibagin Asset Management.