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Tokyo stocks close down 1.61pc after S&P Italy downgrade

TOKYO : Tokyo stocks closed 1.61 percent lower on Tuesday as investors fretted over Europe 's stability after a major
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By Syed Murtaza Gheblehzadeh
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tokyoTOKYO: Tokyo stocks closed 1.61 percent lower on Tuesday as investors fretted over Europe's stability after a major ratings agency downgraded Italy's sovereign debt.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange fell 142.92 points to 8,721.24. The Topix index of all first-section issues lost 1.70 percent or 13.09 points to 755.04.

 

Copyright AFP (Agence France-Presse), 2011

 

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