Tokyo stocks end lower on profit-taking, firmer yen


TOKYO, Oct. 28 (Xinhua) -- Tokyo stocks ended lower Tuesday, as traders locked in gains after the key Nikkei index finished above the 50,000 mark for the first time the previous day and a firmer yen weighed on exporters.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 293.14 points, or 0.58 percent, from Monday at 50,219.18.

The broader Topix index, meanwhile, finished 39.18 points, or 1.18 percent, lower at 3,285.87.

The market was weighed down as investors moved to lock in gains after the Nikkei index gained more than 1,200 points to close at an all-time high on Monday, analysts said.

Meanwhile, exporter shares came under pressure from a stronger yen, as the U.S. dollar briefly slipped to the upper 151 yen range in Tokyo.

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