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Nikkei sags on weaker U.S. jobs report; volume at lowest since Dec
August 5, 2013 / 2:27 AM / 4 years ago

Nikkei sags on weaker U.S. jobs report; volume at lowest since Dec

A woman smiles as she walks past an electronic board displaying graphs showing recent movements of Japanese market indices, outside a brokerage in Tokyo February 15, 2012. REUTERS/Yuriko Nakao

TOKYO (Reuters) - Japan’s Nikkei share average fell on Monday in thin volume as the yen strengthened against the dollar after weaker-than-expected U.S. jobs data, prompting investors to take profits after recent gains, with exporters particularly hard hit.

The benchmark Nikkei .N225 dropped 1.4 percent to 14,258.04, giving up some of its 5.8 percent rise over the past two sessions. The Topix .TOPX dropped 1 percent to 1,184.74.

Trading volume for both the Nikkei and the Topix was the lowest since December 2012.

Reporting by Ayai Tomisawa; Editing by Chris Gallagher

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