Tuesday, July 20, 2010

Nikkei down 1.7% as techs, exporters sink

TOKYO: Japan's Nikkei average fell 1.7% on Tuesday, July 19 with exporters sold on a stronger yen and tech shares hit by disappointing corporate results for U.S. peers amid growing concern about the pace of U.S. economic recovery.

The benchmark Nikkei shed 158.84 points to 9,249.52, while the broader Topix lost 1.4 percent to 828.82


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