Tokyo  - Stocks closed lower Tuesday in Tokyo as overnight losses on Wall Street spurred concerns over a world recession.

The Nikkei 225 Stock Average lost 194.17 points, or 2.28 per cent, to close at 8,328.41.

The broader Topix index of all first-section issues was also down 15.05 points, or 1.77 per cent, to 835.44.

On currency markets at midday (0300 GMT), the dollar was quoted at 96.68-73 yen, down from Monday's 5 pm quote of 97.10-12 yen.

The euro was quoted at 1.2620-25 dollars, up from Monday's 5 pm quote of 1.2589-91 dollars, and at 122.07-12 yen, down from 122.24-28 yen. (dpa)