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Tokyo stocks fall slightly on profit-taking

Business Materials 20 May 2008 08:06 (UTC +04:00)

Tokyo stocks slipped Tuesday as investors tried to lock in profits from the previous day's gains.

The Nikkei 225 Stock Average dipped 45.49 points, or 0.32 per cent, to 14,224.12.

The broader Topix index of all first-section issues was also down 1.65 points, or 0.12 per cent, at 1,402.6.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 104.41-46 yen, up from Monday's 5 pm quote of 103.88-90 yen.

The euro was quoted at 1.5525-30 dollars, down from Monday's 5 pm quote of 1.5596-98 dollars, and at 162.15-20 yen, up from 162.02-06 yen, dpa reported.

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