Tokyo stocks fall more than 1 percent Thursday

JAPAN - Tokyo stocks fell more than 1 percent Thursday after a long awaited government economic package failed to impress investors, who sold select blue chip shares. The dollar slid against the yen.

The benchmark 225-issue Nikkei Stock Average lost 116.11 points Reuters reported, or 1.33 percent, to close at 8,640.48. The Nikkei advanced 47.83 points, or 0.55 percent, to 8,756.59 the day before.

The dollar bought 122.48 yen at 5 p.m. Japan time Thursday, down 0.20 yen from late Wednesday in T

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