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TOKYO MARKET REPORT
0

Friday close

Japan's benchmark Nikkei index closed lower, dragged down by consumer electronics giant Sony's first quarter profits fall.

The Nikkei average lost shed 22.99 points to close at to end the day at 9,648.01.

However, the capital weighted Topix index was fractionally higher, up 0.01 points to 945.28, supported by foreign investors buying stocks in exporters in particular.

Sony's April-to-June profits plunged 98% on year-earlier. Its stock slipped 50 yen or 1.33% to 3,710 yen.

Mitsubishi Motors fell 11.8% or 34 yen to 254 yen.

Tokyo Electron's shares were higher as were stocks in printer and camera maker Canon.

Stock in three major banks rose - Mizuho Financial Group, Sumitomo Mitsui Financial Group and UFJ.

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