Around the World's markets: Tokyo

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Andrew Feinberg

White House Correspondent

THE NIKKEI fell 185.69 points, or 1.23 per cent, to close at 14,883.70 in light trading as technical dealers tried to push the market low enough to fill a price gap of roughly 125 points, created after Japanese markets were closed on 23 November while overseas markets traded.

The gap starts at 14,779.94 and ends at 14,904.20. "On a day when there's very little fundamental news, the gap tends to get focused on," said a trader. Sega Enterprises rose over 3 per cent after reporting its new 128-bit Dreamcast game player sold out.