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The Rise of The Yen Brings Japanese Nikkei Down

The Nikkei index retreated from mid-session gains, to close lower on Tuesday, November 9, pressured by the rise in the yen and some disappointing business results, but the rise of technology shares led by Softbank Group limited losses.

The Nikkei index closed down 0.75% to 29285.46 points, after rising 0.82% earlier in the session. The Topix index declined by 0.81% to 2018.77 points.

The Softbank Group rose more than 10% to be the biggest gainer on the Nikkei index.

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