Tokyo stocks close lower, slipping off one-year high

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TOKYO: Tokyo’s benchmark index closed lower on Wednesday, slipping off a one-year high hit the previous day as investors shuffle their positions before the holiday season.

The Nikkei 225 lost 0.26 percent, or 50.04 points, to end the day at 19,444.49. The broader Topix index of all first-section issues fell 0.48 percent, or 7.42 points, to 1,544.94.