6 Apr 2015
Nikkei ended mildly in red amid holiday-thinned trades
FXStreet (Mumbai) - The Japanese equities index recovered partial losses and closed the day in red following the release of weaker-than-expected US non-farm payroll employment data on Friday. Markets in Australia, New Zealand, and China among others are closed for the Easter holidays.
The benchmark Nikkei 225 index closed down by -0.19% at 19397.98, retreating from session lows at 19241.29 levels. The index retreated slightly on a relatively firmer yen pushing the exports stocks lower. However, the losses were cushioned as its Asian counterparts posted modest gains in holiday-thinned trade on Monday.
The index ended with a negative market breadth, the advance-decline ratio being 69:141. Sharp Corp was the top gainer; rose 6.06%, followed by Yamaha Corp gained 3.49%. Among the top losers, Toshiba Corp was down –4.88%. While, Tosoh Corp finished -3.74%.
Nikkei Technical Levels
The index has an immediate resistance stands at 19500. Meanwhile, support is seen at 19200 levels and from here to 19k levels.
The benchmark Nikkei 225 index closed down by -0.19% at 19397.98, retreating from session lows at 19241.29 levels. The index retreated slightly on a relatively firmer yen pushing the exports stocks lower. However, the losses were cushioned as its Asian counterparts posted modest gains in holiday-thinned trade on Monday.
The index ended with a negative market breadth, the advance-decline ratio being 69:141. Sharp Corp was the top gainer; rose 6.06%, followed by Yamaha Corp gained 3.49%. Among the top losers, Toshiba Corp was down –4.88%. While, Tosoh Corp finished -3.74%.
Nikkei Technical Levels
The index has an immediate resistance stands at 19500. Meanwhile, support is seen at 19200 levels and from here to 19k levels.