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Tokyo stocks close lower on U.S. tech sector's drop, profit-taking

Xinhua News,TOKYO
2020-07-14 16:04

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TOKYO, July 14 (Xinhua) -- Tokyo stocks closed lower Tuesday as technology issues falling on Wall Street overnight led to a wide range of issues being sold here, with profit-taking after the Nikkei's sharp rise a day earlier adding to the slide.

The 225-issue Nikkei Stock Average lost 197.73 points, or 0.87 percent, from Monday to close the day at 22,587.01.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 7.87 points, or 0.50 percent, to finish at 1,565.15.

Farm and fishery, air transportation and land transportation issues comprised those that declined the most by the close of play.
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