Tokyo stocks drop at end of trading

Tokyo stocks dropped moderately Tuesday due to sales of investors seeking quick profit gain amid recent share increases in addition to losses in other Asian markets. According to Tokyo Stock Exchange, the 225-issue Nikkei Stock Average ended down 60.96 points, or 0.63%, from Monday at 9,637.63. The Nikkei index gained more than 10.46% last February. The broader Topix index finished 5.51 points, or 0.66%, lower at 827.35. Bloomberg reported that exporters fell after the Japanese currency rose. Canon, the world’s biggest camera maker, dropped 1.3% to 3,675 yen. Nissan Motor Co., a carmaker that gets about 80% of its revenue overseas, lost 1.4% to 799 yen. Also in Bloomberg reports, Asian stocks fell as Hong Kong’s Hang Seng Index dropped 2.2% The Shanghai Composite Index, which tracks the larger of China's stock exchanges, fell 1.4%.