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Tokyo: Stocks fall 1.19% on US sell-off, stronger yen


[TOKYO] Tokyo stocks closed 1.19 per cent lower on Wednesday following a sell-off on Wall Street while a stronger yen dented exporters.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange dropped 248.30 points to finish at 20,593.67 after bouncing back to a near 18-year high on Tuesday.

The Topix index of all first-section shares fell 1.11 per cent, or 18.51 points, to 1,655.37.