Tokyo shares decline

Posted by 7Star Wednesday, April 1, 2009

Japans Nikkei stock average fell 1.5 percent on Tuesday, the final day of the financial year, with banks and insurers down on renewed worry about the health of the global financial system in the wake of European bank rescues. Mizuho Financial Group lost over 4 percent in volatile trade, with overall volume moderate as investors awaited details of a fresh Japanese stimulus plan due out later in the day and a G20 meeting of rich and major developing countries later this week.

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