Nikkei 225 index flat on production data amid appreciating Yen

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Source: Dukascopy Bank
Japan's Nikkei Stock Average traded almost flat on Wednesday as appreciating Yen offset gains from stronger than expected industrial production in January. Nikkei 225 index closed 0.01% or 0.98 points up at 9,723.50. On monthly basis index has jumped 10.5%. Panasonic Corp added 1.5% on announcement it elected a new president to attempt to return to profitability. Toshiba Corp. climbed 1.4% after the company said it will sell its Thailand subsidiary to Western Digital Corp. 

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