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>TOKYO, JAPAN - The Nikkei stock average dipped 0.2 per cent on Monday, weighed down by bank shares such as Mitsubishi UFJ Financial Group after their European peers fell on concerns about further write-downs.
US markets were closed for the Independence Day holiday on Friday, while the benchmark Nikkei finished Friday down 0.2 per cent, falling for a 12th day and marking its longest losing run since a 15-day period in 1954.
As of 8.01am Singapore time, the benchmark Nikkei had shed 25.09 points to 13,212.80 while the broader Topix fell 0.2 per cent to 1,295.59. -- REUTERS
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