The Nikkei was down today (September 24th) amid geopolitical concerns.
Investors across the globe were worried about the situation in the Middle East following the start of US airstrikes on in Syria, curbing the yen's fall. The Nikkei fell more than 100 points soon after the opening, following of overnight drops in US and European stocks.
However, investor sentiment was lifted by hopes that the Japanese government will draw up a fiscal 2014 supplementary budget to boost regional economies after prime minister Shinzo Abe told reporters in New York on Tuesday that he will closely watch to what extent the yen’s recent rapid drop will affect local areas, the Japan Times report.
The Nikkei 225 average fell 0.1 per cent to 16,192.02. The broader Topix fell 0.3 percent while the new JPX-Nikkei Index 400 dipped 0.2 per cent.
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