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Nikkei falls after BOJ rate cut, Toyota drops

Fri Dec 19, 2008 1:09am EST

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(Updates with close)

Stocks  |  Asian Markets

TOKYO, Dec 19 (Reuters) - Japan's Nikkei average fell 0.9 percent on Friday as profit-taking before the weekend overshadowed a Bank of Japan interest rate cut, with Toyota Motor (7203.T) retreating after a newspaper report warned about an annual operating loss.

The Nikkei .N225 shed 78.71 points to 8,588.52 and the broader Topix edged 0.5 percent lower to 834.43. (Reporting by Rika Otsuka)



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