Thursday as exporters and construction equipment makers dropped,
tugging the market slightly below a 52-month high tapped the
previous day following weakness on Wall Street.
The Nikkei dropped 0.4 percent to 11,425.25. On
Wednesday, the Nikkei rose as high as 11,510.52, also the
highest level since late September 2008.
Hiroichi Nishi, an assistant general manager at SMBC Nikko
Securities, said there were more than 40,000 call option
orders at the 11,500 mark for the past two days, suggesting that
the index faces some resistance from the seller side close to