Japan's Nikkei Index Ends Tuesday's Trading Down
Japanese stocks closed Tuesday's trading session lower,
with losses across several sectors.
The most notable sectors to report losses were transportation, paper, and telecommunications.
The most prominent leading stocks that declined
at the end of trading today were..
Mitsui Mining and Smelting shares fell by 6.6%.
Citizen Holdings shares fell by 5.5%.
Fujikura Ltd shares fell by 4.8%.
The Japanese Nikkei index also fell by 0.48%.
Japanese Nikkei
As for the analysis of the Japanese Nikkei index,
The Japanese Nikkei index declined after breaching resistance areas,
located at 43,944.
Profit-taking is underway after the recent strong rise.
The index is expected to rise again,
after reaching new buying areas at 42,511.
These areas are considered good for long-term buying.
You can review the technical analysis of the Japanese Nikkei index
on the OLX Forex website via the following link:
