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Markets

Nikkei down 1.7pc, breaks support at 25-day average

Published Updated

 TOKYO: Japan's Nikkei share average fell to a two-week closing low on Thursday, breaking below key support at its 25-day moving average as investors awaited a Spanish debt auction later in the session for the latest clues on Europe's ability to tackle its debt woes.

The benchmark Nikkei fell 1.7 percent to 8,377.37. The broader Topix index lost 1.6 percent to 725.02.

Copyright Reuters, 2011

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