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Nikkei sheds 2.2 pct as Fed's plan hits global risk assets

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Reuters TOKYO
Last Updated : Jun 21 2013 | 6:00 AM IST

TOKYO (Reuters) - Japan's Nikkei average shed 2.2 percent on Friday, extending its previous session's decline as investors continued to fret about the Federal Reserve's plan to scale back massive stimulus in coming months if the U.S. economy improved as expected.

The Nikkei was down 287.44 points at 12,727.14 after falling 1.7 percent on Thursday, while the broader Topix index lost 2.5 percent to 1,064.31.

(Reporting by Dominic Lau; Editing by Shri Navaratnam)

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First Published: Jun 21 2013 | 5:39 AM IST

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