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Japan market drops 0.14% on profit taking

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Capital Market
Japanese share market closed lower on Wednesday, 14 May 2014, on profit taking after the benchmark indices surged 2% the previous day. Meanwhile, sharp selling in shares of companies reporting weak outlooks such as JGC, Nikon, and Dentsu also contributed to the market down. A slightly stronger yen also took some air out of the market, particularly denting exporters. The benchmark Nikkei 225 index slipped 0.14% to 14405.76, while the Topix index of all first-section shares was up 0.41% at 1183.15.

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First Published: May 14 2014 | 2:47 PM IST

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