TOKYO: Asian shares fell on Thursday after Wall Street dropped on weaker-than-expected US economic data and a warning from Federal Reserve Chair Janet Yellen that stock valuations were “quite high.”

Tokyo stocks fell 1.23 percent after a three-day holiday. The Nikkei 225 index ended 239.64 points lower at 19,291.99, while the Topix index of all first-section issues was down 0.69 percent, or 10.97 points, to 1,574.64.

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