Nikkei edges down on economy worries; support solid

TOKYO, Aug 23 (BestGrowthStock) – Japan’s Nikkei inched to a
nine-month closing low on Monday, dented by selling from what
some market players said was hedge funds and foreigners as worry
lingered about the pace of economic recovery and the impact of
the strong yen.

But support for the Nikkei held at just under 9,100 after
several attempts to break lower over the past week. The same
level has been support several times over the last year as well.

In extremely thin trade, the benchmark Nikkei (.N225: ) shed
0.7 percent or 62.69 points to 9,116.69, while the broader Topix
(.TOPX: ) lost 0.6 percent to 824.79.
(Reporting by Elaine Lies)

Nikkei edges down on economy worries; support solid