Nikkei flat after hitting seven-week high

<p>The Nikkei was flat during today’s trading.</p>

The good start to the month for the Nikkei tailed off a little during trading today (September 11th), with the index flat for the session.

Although it rose to as high as 14,561.46 at one point during the day, it ended at 14,425.07, virtually the same figure it had opened at in the morning.

According to a report by Reuters, the Nikkei did reach a new seven-week high during the course of the session, reaching a point it had not seen since July at one stage in the session.

The Nikkei is still up over four per cent for the week so far, with the index having got a boost from the news Tokyo has been selected over Istanbul and Madrid to host the 2020 Olympic Games.

Yesterday's increase for the Nikkei was a 1.5 per cent jump, with the index hitting its highest level since August 2nd as investors flocked to it following the Olympics announcement.

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