TOKYO: Japan's Nikkei average opened lower on Friday, with a stronger yen against both the dollar and euro after more ratings downgrades of European countries weighing on shares in holiday-thinned trade.
But underlying strong sentiment, which helped lift the Nikkei to its highest level since May 14 on Wednesday, reflecting general bullishness in global equities markets and a positive outlook for 2011, was seen likely to limit losses and provide support throughout the day.
The benchmark Nikkei fell 0.6 percent or 65.92 points to
10,281.84. ' Reuters
But underlying strong sentiment, which helped lift the Nikkei to its highest level since May 14 on Wednesday, reflecting general bullishness in global equities markets and a positive outlook for 2011, was seen likely to limit losses and provide support throughout the day.
The benchmark Nikkei fell 0.6 percent or 65.92 points to
10,281.84. ' Reuters
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