Nikkei edges down after failing to break resistance

TOKYO, July 27 (BestGrowthStock) – Japan’s Nikkei edged down 0.1
percent on Tuesday after failing to break above a key resistance
level, with support from robust earnings in Japan countered by
persistent worries about a strong yen.

Some companies, such as Kao Corp (4452.T: ), gained after
strong corporate results.

The benchmark Nikkei (.N225: ) shed 6.81 points to 9,496.85
after failing to break decisively above resistance at 9,520, the
level of its 25-day moving average. The broader Topix (.TOPX: ) was
flat at 846.12.

Stock Market News

(Reporting by Elaine Lies)

Nikkei edges down after failing to break resistance