Nikkei slips on credit woe; financials, realtors hit

Newswire

(Adds stocks, comments) By Eriko Amaha TOKYO, Nov 16 (Reuters) - Japan's Nikkei share average fell 1.6 percent on Friday as Mitsubishi Estate Co and other property stocks declined on weak condominium sales data, while financial and exporters dropped amid credit woes. Shares of brokerage firms such as Nomura Holdings sank on a news report that a government tax committee has proposed letting temporary tax breaks on capital gains and dividend income expire. Investors meanwhile flocked to ...

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