Nikkei falls again on fears about global economy

<p>The Nikkei hit a two-month low as investors worried about the sluggish global growth.</p>

Tokyo stocks ended the week on a low as investors worried about the sluggish global growth.

At the end of the session today (October 10th), the Nikkei 225 blue chips posted a loss of 1.1 per cent to 15,300.55, reaching a two-month low. Over the whole week, the index dropped 2.6 per cent.

The broader Topix fell 1.7 per cent to 1,239.86, and the JPX-Nikkei Index 400 declined 1.6 per cent to 11,277.41.

Traders were concerned by recent weak data from Germany, raising fears for Europe's largest economy and the eurozone as a whole.

"It's been a disastrous week," said an equity trading director at a European brokerage quoted by the Dow Jones news wire.

"Against the backdrop of worsening economic data from Europe and the potential volatility accompanying US earnings reporting season, many investors are simply anxious to close out positions and take a break before the upcoming three-day weekend."

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