Tokyo stocks close 1.22pc lower

JAPANESE shares closed 1.22 per cent lower, weighed by a stronger yen and losses on Wall Street after disappointing earnings reports.

Thursday's Nikkei 225 index at the Tokyo Stock Exchange ended down 162.82 points at 13,220.07 while the Topix index of all first-section issues fell 1.15 per cent, or 13.04 points, to 1,122.97.

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