Nikkei Ends Slightly Down
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The Nikkei average dipped 0.37 percent by the close on Wednesday as some major banks, including UFJ Holdings Inc., reversed gains they had made after approval by Japan's state turnaround body of a restructuring plan for troubled retailer Daiei Inc.
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TOKYO (CBS.MW) -- The Nikkei Average edged down by midday Tuesday as tech stocks fell on profit-taking, but the declines were limited by extended gains in banking issues.
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Japan's Nikkei average fell around 0.8  percent by mid-afternoon on Tuesday after industrial output  data sapped investor appetite for tech issues and profit-taking  hit recent gainers such as Nippon Steel Corp.
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The Nikkei share average edged down 0.22 percent at the start of trade on Wednesday as tech stocks such as Advantest Corp. extended recent losses on concern about their earnings outlook.
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Tokyo's Nikkei average opened down 0.65  percent on Wednesday following a weaker finish on Wall Street  and as investors remained nervous about oil prices and  corporate earnings at home and overseas.
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The Nikkei average ended nearly flat on  Tuesday as exporters rose on a weaker yen, but gains were  capped as Lehman Brothers lowered its rating on Takeda  Pharmaceutical Co. Ltd. (4502.T) and the drug sector.
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Tokyo's Nikkei average gave up 0.17  percent by the close on Thursday as tech issues such as Canon  Inc. followed their U.S. rivals lower after a downgrade of the  sector by investment bank Goldman Sachs.
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Tokyo&#39;s Nikkei average closed 3 points lower on Monday as strength in bank shares helped offset losses in chip stocks and in travel firms, which were sold after Sunday&#39;s devastating earthquake and tsunami in Asia.
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Japan&#39;s Nikkei 225 Stock Average fell 138.20, or 1.3 percent, to 10,718.93 at 9:02 am in Tokyo. The broader Topix index lost 12.
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Tokyo's Nikkei average opened down 0.07 percent on Friday following lackluster trade on Wall Street and as investors wound down trading ahead of a long weekend in Japan and bookclosings for the first half of the business year.
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Tokyo's Nikkei was down 0.26 percent by  late trade on Wednesday although it recovered slightly from  earlier lows as selling was curbed amid growing views that the  market has fallen too far too fast.
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The Nikkei average hit a one-month   closing low on Tuesday, losing 0.48 percent after a fall in   commodity prices stoked worries about global demand and hit   stocks sensitive to the economic cycle such as steel makers.
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The Nikkei average dipped 0.37 percent by  the close on Wednesday as some major banks, including UFJ  Holdings Inc., reversed gains made after Japan's state  turnaround body approved a restructuring plan for troubled  retailer Daiei Inc.
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Japanese shares close slightly lower following the shock resignation of Prime Minister Shinzo Abe.
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Japan's Nikkei average sank 1.69 percent  to below the key 11,000 mark by mid afternoon on Friday with  stocks across the board losing ground after the government  surprised the market by revising down economic growth figures.
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Tokyo's Nikkei average started a  holiday-shortened week slightly down on Tuesday, falling for a  fourth straight session as brokers and banks fell again on  recent domestic data showing signs of a slowdown in some key  areas.
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Japan's Nikkei average ended down half a  percent on Friday as caution set in ahead of U.S. jobs data due  later in the day, with banks and drug firms succumbing to  profit-taking.