Nikkei 225 index lower on strengthening Yen

Japan's Nikkei Stock Average erased early gains and closed into negative area on appreciating Yen amid signs of overbought market. Nikkei 225 index gave up 0.18% or 17.85 points and settled at 9,705.39 with property companies and exporters posting the biggest losses. Mazda Motor Corp declined 3% and Sharp Corp  faded 3.2%. Tokyu Land Corp  tumbled 3.8% and Tokyo Tatemono Co fell 4.2%. On the upside Softbank Corp added 2% after the government provided company with a spectrum license to enlarge its data capacity.