Japan's Nikkei Index Ends Friday's Trading Lower
Japanese stocks closed Friday's trading session lower,
with losses across several sectors.
The most notable sectors to report losses were paper,
transportation, and telecommunications.
The most prominent leading stocks that declined at the end of trading today were:
Fast Retailing Co. shares fell by 4.4%.
Sharp Corp shares fell by 4.3%.
Sumitomo Metal Mining shares fell by 3.9%.
The Japanese Nikkei index also declined by 0.63%.
Nikkei Japan
As for the Nikkei Index Analysis,
The Nikkei continued to rise after breaching resistance areas,
located at 43944.
We may see some corrections before the index continues its upward trend.
If the index corrects to the new buying areas at 42511,
it is expected to rise from there and then resume its upward trend.
These are currently considered the best buying areas.
