The Nikkei index closed sharply lower on Friday

Japanese stocks closed sharply lower on Friday,

 with losses across several sectors.

The transportation and telecommunications sectors 

were among the hardest hit.

The biggest losers were

Kanadia Corp., down 19.18%

Ajinomoto Co., down 16.9%

Taiyo Yuden Co., down 16.1%.

The Nikkei index itself fell 1.25%.

Nikkei

Regarding the analysis of the Nikkei index:

The Nikkei index is still moving within a strong upward trend.

The index is currently undergoing a correction and has continued its decline,

reaching the 49,650 level, with signs of weakness in the downward movement.

Therefore, we may see a return to an upward trend next week.