Nikkei sheds 1.2 pct to break below 14,000, sentiment still fragile

Mon May 27, 2013 8:04pm EDT

TOKYO, May 28 (Reuters) - Japan's Nikkei average dropped
below 14,000 on Tuesday morning, as investor sentiment remained
fragile after last week's turbulent trade raised doubt about the
sustainability of the remarkable bull-run that has taken the
index to a 5-1/2-year high.
    The Nikkei shed 1.2 percent to 13,960.08, breaking
below 13,990, the 61.8 percent retracement of its slide from
February 2007 to October 2008.
    The broader Topix index fell 0.8 percent to
1,145.46.
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.