Japanese stock index Nikkei ended on a dull note

[gnutrade.satya]

Japanese stock index Nikkei ended on a dull note as disappointing earnings have hit shares of few companies with downward momentum accelerating when the index breached a key technical support level.Masaru Hamasaki, a senior Strategist at Toyota Asset Management said: "I realise exporter shares are under pressure due to worries about a strong yen, but the Nikkei as a whole has also far lagged behind US and European shares. The Nikkei will likely play catchup at some point and one catalyst may be the Fed's meeting, with eyes on whether it will decide on additional easing measures on a scale in line with market expectations."The Japanese Nikkei was down 163.58 points at 9202.45.