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Nikkei hits 1-1/2-week low after Chinese data disappoints
13 Mar 2014, 02:44 PM IST
Japan's Nikkei share average edged down to a 1-1/2-week low on Thursday, erasing earlier gains after weaker-than-expected Chinese output and retail sales data disappointed the market.
The Nikkei ended down 0.1 per cent at 14,815.98 - its lowest closing level since March 4.
It had risen as high as 14,919.84 earlier following strong Japanese machinery orders data.
The broader Topix index shed 0.3 per cent to 1,203.46.
The JPX-Nikkei Index 400, a gauge comprising firms with high return on equity and strong corporate governance, dropped 0.3 per cent to 10,885.43.
Copyright @ Thomson Reuters 2014
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