Monday, May 28, 2012

Nikkei seen treading in range, mood still downbeat

TOKYO, May 29 (Reuters) - Japan's Nikkei share average is
likely to tread in a range on Tuesday, as investors eye a
worsening euro zone crisis and a fall in European stocks on a
plan by Spain to bail out a troubled bank with sovereign debt.
Market players said the Nikkei was likely to trade
between 8,500 and 8,650 on Tuesday. There were no Nikkei futures
traded in Chicago on Monday as U.S. markets were closed
for Memorial Day.
"There were few new developments overnight to spur investo

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