SIMEX Nikkei ends down but off lows .  SINGAPORE 1996-08-29  Simex Nikkei futures ended easier but off the day 's lows on Thursday .  Dealers said selling in the session was a follow-through from Wednesday 's gloomy Tankan corporate report by the Bank of Japan .  " The Nikkei is testing support at the 20,500 level .  Sentiment is a bit gloomy because people are focusing on the weak recovery in the economy at the moment , " said a dealer with a [START_ENT] European [END_ENT] bank .  September Nikkei settled at 20,605 after touching an intraday low of 20,530 against its previous close of 20,725 .  Volume was 19,560 contracts .  Dealers said technically , the index should see good support at 20,300 and the upside should be capped at 21,000 .  -- Doreen Siow 65-8703092
SIMEX Nikkei ends down but off lows .  SINGAPORE 1996-08-29  Simex Nikkei futures ended easier but off the day 's lows on Thursday .  Dealers said selling in the session was a follow-through from Wednesday 's gloomy Tankan corporate report by the Bank of Japan .  " The Nikkei is testing support at the 20,500 level .  Sentiment is a bit gloomy because people are focusing on the weak recovery in the economy at the moment , " said a dealer with a
European
bank .  September Nikkei settled at 20,605 after touching an intraday low of 20,530 against its previous close of 20,725 .  Volume was 19,560 contracts .  Dealers said technically , the index should see good support at 20,300 and the upside should be capped at 21,000 .  -- Doreen Siow 65-8703092
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