TOKYO (Kyodo) -- Tokyo stocks fell Wednesday as the yen's stronger tone and lingering concerns over tariff hikes by U.S. President-elect Donald Trump weighed on exporters.

The 225-issue Nikkei Stock Average ended down 307.03 points, or 0.80 percent, from Tuesday at 38,134.97. The broader Topix index finished 24.21 points, or 0.90 percent, lower at 2,665.34.

On the top-tier Prime Market, decliners were led by transportation equipment, marine transportation and nonferrous metal issues.

The U.S. dollar weakened to below the 152 yen line, as some investors squared their positions ahead of the U.S. Thanksgiving holiday on Thursday.

At 5 p.m., the dollar fetched 151.94-97 yen, compared with 153.04-14 yen in New York and 154.03-04 yen in Tokyo at 5 p.m. Tuesday.

The euro was quoted at $1.0498-0499 and 159.52-56 yen against $1.0485-0495 and 160.57-67 yen in New York and $1.0472-0473 and 161.31-35 yen in Tokyo late Tuesday afternoon.

The yield on the benchmark 10-year Japanese government bond ended at 1.070 percent, up 0.010 percentage point from Tuesday's close. The debt was sold tracking a rise in long-term U.S. Treasury yields on views Trump's protectionist trade policies could raise inflation.

Among export issues, automakers finished lower as the stronger yen clouded their profit outlook, reducing profits they earn overseas when repatriated.

Investors also became wary of prospects for global trade following news that Trump will nominate Jamieson Greer, a lawyer involved in trade talks with China and other countries during his first presidency, as the next U.S. trade representative.

"For manufacturers, any consideration to move their operations takes time, and the emergence of Trump's win and tariffs have raised risks for automakers in particular," said Kazuo Kamitani, a strategist in the Investment Content Department of Nomura Securities Co.

Shares of companies in the chip sector such as Advantest Corp. and Tokyo Electron Ltd. were also lower tracking overnight falls in their U.S. counterparts. Investors were reevaluating semiconductor issues after U.S. chip giant Nvidia Corp.'s earnings last week failed to wow market players, brokers said.