Futures for the broader Topix index fell 6.2

Futures for the broader Topix index fell 6.2

percent and was arrested because of the large difference between the purchase and

sell orders, an indication of the characteristics illiquid

hard asset prices.

The benchmark index, the Nikkei index was down 4 percent

9843.95, with technology companies such as Kyocera Corp.

Canon Inc. and the biggest drags on the market.

"We see a lot of noise, lots of funny movements. It

the market where it was saved to stay, for now, "said

Michael Kretschmer, senior portfolio manager of Pelargos

Capital of Europe. "We do not see panic selling.

I'm in Europe, but monitoring the Nikkei closely, "he said.

Concern about the possible relocation of the economy and slide

Tokyo Stock Exchange gave a lift to Japanese government bonds, with

Lead 10-year JGB futures in June increasing by more than half a point

is 139.77.

The yen rallied early in Asia but quickly compared

gains in volatile trade as nervous traders waited to see what

Japanese officials will work to maintain calm after the market

Friday earthquake and tsunami.

A fund manager more of an administrator of the Bank of Japan said that

Japanese traders were away this morning because there was

uncertainty about whether shops should be resolved correctly

with banks facing shortages because of disruption of public service

traffic.

Bank of Japan, which holds a policy meeting on Monday

7000000000000 yen injected into the money market via same day

action. The central bank said the fund was to injection

Using the Compensation Fund without any problems.

The dollar was last up 0.5 percent from late U.S.

trading on Friday at 82.20 yen.