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Nikkei drops on US concern; Tokyo Electron soars on multi-billion dollar takeover

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Nikkei drops on US concern; Tokyo Electron soars on multi-billion dollar takeover Empty Nikkei drops on US concern; Tokyo Electron soars on multi-billion dollar takeover

Post by Cals Wed 25 Sep 2013, 16:40

Nikkei drops on US concern; Tokyo Electron soars on multi-billion dollar takeover
Business & Markets 2013
Written by Reuters
Wednesday, 25 September 2013 14:15

TOKYO (Sept 25): Japan's Nikkei share average eased for a second day on Wednesday hit by concerns about a possible U.S. government shutdown, while Tokyo Electron Ltd bucked overall weakness on news of a $7 billion-plus takeover of the tech company by Applied Materials Inc.

The Nikkei shed 0.8 percent to 14,620.53, moving away from a nine-week high of 14,816.65 hit last Friday.

The Topix dropped 0.3 percent to 1,211.15. - Reuters
Cals
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