Japan stocks end lower on profit-taking

Japan stocks end lower on profit-takingTokyo- Stocks ended lower Tuesday in Tokyo as investors sold shares to lock in profits a day after the benchmark Nikkei 225 Stock Average hit a five-week high.

The Nikkei on Tuesday dropped 199.8 points, or 1.49 per cent, to close at 13,250.43.

The broader Topix index of all first-section issues was also down 22.94 points, or 1.76 per cent, at 1,282.69.

On currency markets at midday (0300 GMT), the dollar was quoted at 102.05-10 yen, down from Monday's 5 pm quote of 102.71-73 yen.

The euro was quoted at 1.5794-99 dollars, up from Monday's 5 pm quote of 1.5665-68 dollars, and at 161.25-30 yen, up from 160.91-95 yen. (dpa)

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