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Tokyo shares plunge on continued profit taking

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(Globalpost/GlobalPost)

Tokyo stocks fell more than three percent in early trade Monday on continued profit taking following a rollercoaster session at the end of last week and a 7.3 percent drop the day before.

The Nikkei index at the Tokyo Stock Exchange fell 3.11 percent, or 454.04 points, to 14,158.41 in the first 20 minutes of trading after volatile sessions on Thursday and Friday saw the headline index move more than 1,000 points.

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http://www.globalpost.com/dispatch/news/afp/130526/tokyo-shares-plunge-continued-profit-taking