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Nikkei down 0.8 pct as real estate, auto stocks dip

Wed Jan 9, 2008 9:06pm EST

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(Updates to midsession)

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TOKYO, Jan 10 (Reuters) - Japanese stocks slid on Thursday, weighed down by real estate firms and automakers, which were sold on worries about the health of the U.S. economy.

But high-tech companies made up for some of their falls in recent sessions after Tokyo Electron (8035.T) said orders for its chip- and flat panel display-making equipment rose 55 percent in October-December from the prior quarter to 198 billion yen thanks to recovering capital spending by panel makers. [ID:nT252766]

The benchmark Nikkei .N225 was down 0.8 percent at 14,482.22, a loss of 116.94 points. The broader TOPIX was down 0.96 percent at 1,410.57. (Reporting by Elaine Lies)



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