Around the World's Markets: Tokyo

Monday 19 April 1999 23:02 BST

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SHARES IN Tokyo failed to follow the trend on other Asian markets and the Nikkei 225 share index closed 177.37 down at 16,674.21.

Worries about the future earnings of hi-tech companies spread to Tokyo from the US and telecoms also suffered from profit-taking, led by NTT DoCoMo, NTT and NTT Data.

Sony shed 160 to 11,450 yen, reflecting the strong currency, while other consumer electronics were mixed. Banks generally weakened.

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