Nikkei sheds 1.3 pct as profit-taking hits exporters
March 28, 2013 at 02:16 AM EDT
TOKYO, March 28 (Reuters) - Japan's Nikkei share average fell to a one-week closing low on Thursday as concerns about Italy's funding costs and the rescue deal for Cyprus prompted investors to take profits on exporters. The Nikkei closed 1.3 percent lower at 12,335.96, moving away from a 4-1/2-year high of 12,650.26 struck last Thursday. Exporters with high exposure to the common currency bloc underperformed after political uncertainty in Italy drove its borrowing costs to five-month hig