It's a beatdown today in Asian stocks

  • Session high 21,188.80
  • Session low 20,559.61

The Nikkei leads the way in terms of losses as the global trade war rhetoric weigh on equities in the region today. The close today sees the Nikkei fall to its lowest levels since October last year.

Technically, the chart just looks plain ugly as the index takes a nose dive below the 200-day MA (blue line).

Meanwhile, here's how other major bourses in the region are performing:

  • Hang Seng -3.12%
  • Shanghai Composite -3.82%
  • CSI 300 -3.76%
  • Kospi -2.95%