Nikkei slips to 2-week low on strong yen and oil price drop

jueves 11 de diciembre de 2014 02:20 GYT

TOKYO, Dec 11 (Reuters) - Japanese stocks sagged to a 2-week
low on Thursday, as a stronger yen, falling oil prices and
downbeat machinery data dampened risk appetite. 
    In its third consecutive day of losses, the Nikkei average
 fell 0.9 percent to 17,257.40, its lowest since Nov. 27.
In volatile trade ahead of Nikkei futures and options contracts
settling on Friday, the benchmark recovered from a trough of
17,043.63 in the morning session. 
    Shares in major exporters sensitive to fluctuations in the
yen slipped, with Panasonic Corp shedding 1.8 percent
and Toyota Motor Corp down 0.6 percent. 
    The broader Topix fell 0.7 percent to 1,397.04. The
JPX-Nikkei Index 400 also slipped 0.7 percent to

 (Reporting by Thomas Wilson; Editing by Jacqueline Wong)