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China Daily | Updated: 2008-11-05 08:05

Nissan falls

Nissan Motor Co, Japan's third-largest automaker, fell most in about two weeks on the Tokyo Stock Exchange after the company cut its profit forecast and scrapped its dividend plans. Nissan declined 11 percent to 441 yen at the 3 pm close on the exchange. The shares have fallen 64 percent this year.

A faltering US economy has slashed auto demand in the country for Nissan, whose sales in October plunged 33 percent.

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