Friday, September 20, 2013
Nikkei Ends Down Fraction Ahead Of German Vote
TOKYO (NQN)--Tokyo stocks edged lower Friday, with the Nikkei Stock Average falling 23 points, or 0.16%, to end the day at 14,742.
In the early going, the dollar's rise lifted the benchmark index above the 14,800 line for the first time during trading hours since July 23.
However, investors headed for the sidelines ahead of Sunday's federal election in Germany, and the Nikkei average gradually came under the selling pressure. Market players also sold shares to square their positions ahead of a three-day weekend in Japan.