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Tokyo: Stocks close 1.27% lower

[TOKYO] Tokyo stocks slipped 1.27 per cent on Tuesday as a pick-up in the yen hit exporters, overshadowing Wall Street's strong lead.

The Nikkei 225 index at the Tokyo Stock Exchange fell 222.19 points to close at 17,335.85, while the Topix index of all first-section shares was down 1.16 per cent, or 16.36 points, at 1,392.39.