Nikkei starts new week with fall

<p>The Nikkei fell 0.6 per cent today.</p>

The Nikkei has got the new week off to a bad start by losing ground today (May 19th).

It fell by 0.6 per cent to close the day at 14,006.44, while the broader Topix slipped back by 0.8 per cent to end the session at 1,150.07, reports Reuters.

There was a clean sweep of losses as well, with the new JPX-Nikkei Index 400 – launched earlier in the year – falling by 0.7 per cent to 10,491.39.

The Nikkei has struggled in 2014 so far and today's losses come on the back of a drop in its value on Friday to end last week on a low.

Investors are risk-averse on the market at the present time as a result of a stronger yen. Another factor to have an impact on the Nikkei today was that China's stocks were weaker due to concerns the country's economy could be heading for a slowdown.

In contrast, Japan's economy grew by 1.5 per cent in the first three months of the year, ahead of expectations.

Learn about the Asian markets and CFD trading at City Index

Build your confidence risk free
Join our live webinars for the latest analysis and trading ideas. Register now

StoneX Financial Ltd (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.

No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

For further details see our full non-independent research disclaimer and quarterly summary.