Around the World's Markets: Tokyo

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The Independent Online
The Nikkei 225 closed down 2.1 per cent at 13,843.46, after gaining 7 per cent last week. An estimated 318 million shares were traded, the lowest volume in nearly five months, after the failed Long-Term Credit Bank of Japan, which had topped the most-active list daily, was delisted on Saturday.

Banks fell 3.8 per cent as a group as losses on securities by the largest 18 banks in the half-year to September were reported to total 2.7 trillion yen (pounds 14bn), against a net gain of 2.46 trillion in the previous half. (Note to subs;