Nikkei 225 index down on stronger Yen and earnings

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Source: Dukascopy Bank
Japan's Nikkei Stock Average fell on Tuesday pushed by appreciating Yen which strengthened on Spain's recession amid several disappointing earnings reports. Nikkei 225 index fell 1.78% or 169.94 points and settled at 9,350.95. Crystal display manufacturer Sharp tumbled 9.3% after predicting a bigger than expected loss. Tokyo Electron fell 8.3% after the chip-equipment producer announced its net income dropped more than estimated. Euro traded at JPY 105.47 today in Tokyo. 

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