The Nikkei 225 fell for a fourth straight session, closing at 61,077.90, down sharply by 1,110.73, below its 200-day moving average.
The Nikkei 225 fell for a fourth straight session, closing at 61,077.90, down sharply by 1,110.73 points from the previous day. Market participants sensed that the short-term downtrend was continuing, and investor caution increased.
While the movements of the New York market and other markets that day were cited as possible influences, the Nikkei 225 continued to trade below its 200-day moving average at the close.
The Nikkei 225's movement was reported as a fourth consecutive decline, with attention expected to focus on the 200-day moving-average level and the recovery in supply and demand conditions.