Tue, 12 Mar 2013 13:55:03 GMT
Japanese shares retreat as market overheated
Japanese stocks declined on Tuesday, tumbling down from its 19-month high after a technical indicator showed the market is too overheated. Nikkei 225 lost 0.3% today to close at 12,314.81 points. Technology and telecommunications shares rose the most by 1.2% and 0.7%, respectively. TDK Corp surged 5.4% to 3,415 yen and posted the biggest surge among all blue chip companies.