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Tokyo stocks fall on profit taking

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Japanese stocks fell Tuesday on profit taking, but trading was light because of the end of the year holidays and as investors awaited the release of US economic data. The benchmark Nikkei 225 Stock Average lost 38.78 points, or 0.46 per cent, to close at 8,440.56 after rising 1 per cent a day earlier. The broader Topix index fell 2.19 points, or 0.3 per cent, to 724.25. A report on consumer confidence was to be released later in the day in the United States, a key market for Japan's exports. (monstersandcritics.com)

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