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Nikkei drops as stronger yen, China worries hurt sentiment

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Reuters TOKYO
Last Updated : May 19 2014 | 12:11 PM IST

TOKYO (Reuters) - Japan's Nikkei share average dropped on Monday, extending losses from Friday as a stronger yen made investors risk averse, while sentiment was also hurt by weak China shares on concerns about slower growth in the world's second-biggest economy.

The Nikkei ended 0.6 percent lower at 14,006.44.

The broader Topix declined 0.8 percent to 1,150.07, while the new JPX-Nikkei Index 400 slipped 0.7 percent to 10,491.39.

(Reporting by Ayai Tomisawa; Editing by Chris Gallagher & Shri Navaratnam)

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First Published: May 19 2014 | 11:59 AM IST

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