Nikkei falls on Europe worries, 25-day average support holds

TOKYO Tue Dec 13, 2011 6:47am EST

A man looks at an electronic board displaying a fall in major market indices around the world outside a brokerage in Tokyo December 9, 2011. REUTERS/Issei Kato

A man looks at an electronic board displaying a fall in major market indices around the world outside a brokerage in Tokyo December 9, 2011.

Credit: Reuters/Issei Kato

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TOKYO (Reuters) - Japan's Nikkei average fell on Tuesday on the prospect of mass downgrades of European sovereign ratings after measures by leaders to fight the region's debt crisis failed to satisfy markets and rating firms.

The Nikkei .N225 fell 1.2 percent to 8,552.81, still managing to stay above its 25-day average near 8,508. The broader Topix index .TOPX lost 0.8 percent to 740.71.

(Reporting by Mari Saito; Editing by Joseph Radford)

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