Tokyo - Tokyo's markets lost ground Tuesday as investor concerns grew about the US financial sector with bank results to be released this week. The benchmark Nikkei 225 Stock Average fell 113.35 points, or 1.27 per cent, to 8,811.08.

The broader Topix index of all first-section issues was also down 10.29 points, or 1.21 per cent, at 838.68.

Japanese investors sold shares after they became concerned about Goldman Sachs Financial Group moving to raise 5 billion dollars of additional capital.

The bank reported a net profit of 1.81 billion dollars in the January-March quarter, which was better than the average market expectation.

Shares were also dragged down by concerns over a possible bankrupcy of US carmaker General Motors, and its effects on Japanese carmakers and auto-parts makers.

On currency markets at 9 am (0000 GMT), the dollar traded at 100.33-36 yen, down from Monday's 5 pm quote of 100.65-67 yen.

The euro traded at 1.3374-79 dollars, up from late Monday's quote of 1.3202-04 dollars, and at 134-20-25 yen, up from 132.88-92 yen. (dpa)