Tokyo stocks fall in morning after sharpest Nikkei rise in 13 months
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Tokyo stocks were lower Thursday morning as investors sought to lock in gains after the Nikkei logged its biggest point rise in 13 months the previous day.
The 225-issue Nikkei Stock Average fell 227.68 points, or 0.68 percent, from Wednesday to 33,292.02. The broader Topix index was down 8.52 points, or 0.36 percent, at 2,364.70.
On the top-tier Prime Market, decliners were led by retail, securities house, and pulp and paper issues.