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Tokyo: Shares sink as strong yen hits exporters

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[TOKYO] Tokyo stocks tumbled for a fourth session Friday, with automakers among the worst hit as the yen soared against the dollar, with a strong lead from New York unable to temper the sell-off.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange fell 1.25 per cent, or 211.57 points, to close at 16,724.81, while the broader Topix index of all first-section shares gave up 1.02 per cent, or 13.92 points, at 1,345.05.


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