Nikkei sets longest losing run in over half century

Fri Jul 4, 2008 7:12am BST
 
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TOKYO, July 4 (Reuters) - The Nikkei share average fell 0.2 percent on Friday to set its longest losing streak in more than half a century, dragged down by property stocks such as Sumitomo Realty & Development (8830.T: Quote, Profile, Research) on credit fears.

The benchmark Nikkei .N225 fell 27.51 points to 13,237.89, down for a 12th day and its longest losing run since a 15-day period in 1954.

The broader Topix shed 0.01 percent to 1,297.88. (Reporting by Aiko Hayashi)

 
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