Nikkei drops back from one-week high

<p>The Nikkei has fallen back from yesterday’s one-week high.</p>

The Nikkei has slipped back today (October 31st), falling away from the one-week high reached by the index during trading yesterday.

SoftBank, Toshiba and Honda all saw their share prices take a heavy blow during the course of the trading session, reports Reuters.

The Nikkei ended the day 1.2 per cent lower than at the start of the session, closing at 14,327.94 and slipping to slightly under its five-day moving average.

It was also a bad day for the broader Topix index, which lost 0.9 per cent of its value and closed the day at 1,194.26. Some 2.82 billion shares were traded on the index during the session.

All Nippon Airways was another of the major companies to see its stocks fall today, with the share price of the firm down 4.7 per cent on the start of the day.

The Nikkei had hit a one-week high yesterday after recording a 1.2 per cent rise in its value.

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