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Nikkei closes below 11,000 as weak yen effects fade away.

Publication: Japan Weekly Monitor
Publication Date: 03-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Nov. 27 Kyodo

Share prices on the Tokyo Stock Exchange snapped a three-day winning streak Tuesday as concerns over the negative side of a weaker yen emerged, sending the Nikkei index back below the 11,000 level.

The 225-issue Nikkei Stock Average fell 115.41 points, or 1.04%, to close at the day's low of 10,948.89. The broader Tokyo Stock Price Index (TOPIX) of all First Section issues lost 9.18 points, or 0.84%, to 1,079.59.

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