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2015.03.3121:56:00UTC+00Japan Nikkei Fell Below 25 Ma on Profit Taking and Soft Boj Soft Tankan Survey
The Nikkei fell around 1.5 percent to 18,927.95 points, 3 weeks low and falling below the 25-day MA, which stood around 19,155, for the first time in two months. It last stood at 19,035.65, down 0.9 percent on the day.
The broader Topix dropped 0.9 percent to 1,528.99, falling below its 25-day average around 1,550.
Bank of Japan's tankan corporate sentiment survey showed big manufacturers plan to cut capital spending in coming months amid concerns about weak domestic and global demand.
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