London, England -- (SBWire) -- 04/21/2011 -- Spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/) takes a look at the news activity surrounding the financial markets on 11th April 2011.

The Nikkei 225 retreated today (April 11th) following calls to sell the shares of car manufacturers, it has been said.

Citigroup downgraded its ratings on the biggest makers of vehicles, contributing to the slide of the premier stock index in Japan, Reuters reported.

Indeed, the Nikkei 225 ended trading 0.50 per cent down to finish on 9,719.70 points.

However, the news resource pointed out that further falls were limited because of investors eyeing up stocks relating to reconstruction and oil, as focus centres on the post-earthquake recovery.

Furthermore, despite its previous steep plummets, the Nikkei 225 has made up two-thirds of its losses since the March 11th earthquake and resulting tsunami.

The Nikkei 500 and 300 also closed down, dropping by 2.31 and 0.28 points respectively.

News of a 7.1 magnitude earthquake in Japan last week failed to shake the Nikkei 225, after it advanced by 1.93 per cent on Friday compared to the previous day.

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