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P.M. BRIEFING : Tokyo Exchange Drops Sharply

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<i> From Times wire services</i>

The Tokyo Stock Exchange’s leading index shifted from dramatic recovery back to sharp decline today as drops in the bond market and the yen’s value discouraged investors.

After a two-day rise, the 225-issue Nikkei Stock Average fell 762.41 points, or 2.2%, closing at 33,829.58.

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