Japan's Nikkei share
average slipped for a second day on Tuesday as investors
bagged profits on blue chip stocks following February's 10.5
percent rally, although some attractive valuations and a softer
yen supported sentiment.
Honda Motor Co slid 1.9 percent, Sony Corp
eased 0.8 percent, Panasonic Corp shed 2.1 percent and
Nomura Holdings lost 1.3 percent.
Investors opted instead for defensive sectors such as
pharmaceuticals and utilities, up 0.9
percent and 1.2 percent, respectively.
(Reuters)
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