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Japan stocks drop after Kuroda comments

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Capital Market
Japanese share market closed at three-week low on Wednesday, 10 June 2015, erasing earlier gains after Bank of Japan governor Haruhiko Kuroda comments that the yen was not likely to weaken much further. The Nikkei Stock Average declined 49.94 points, or 0.25%, to end at 20046.36, off an intraday peak of 20,264.92. The Topix index of all Tokyo Stock Exchange First Section issues decreased 0.38%, or 6.14 points, to close at 1628.23.

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First Published: Jun 10 2015 | 2:42 PM IST

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