Tokyo stocks fall by break, Nintendo up on new console

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AFP, Tokyo :
Tokyo shares eased Friday morning after three days of gains, but Nintendo jumped as the videogame giant launched its newest console.
A rally in the dollar against the yen Thursday boosted exporters and led to an initial advance but they soon reversed course as investors locked in profits.
Tokyo’s benchmark Nikkei 225 slipped 0.14 percent, or 27.22 points, to 19,537.58 by the break, while the Topix index of all first-section issues was down 0.18 percent, or 2.77 points, at 1,561.92.
“Local equities may pull back following recent sharp gains,” said Shunichi Otsuka, general manager of research and strategy at Ichiyoshi Securities in Tokyo.
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