Tokyo's main index pares earlier losses but still closes lower

  • Session high 22,648.88
  • Session low 22,497.99

The continued rally in Chinese stocks today is making Japanese investors feel left behind but they did put up a decent recovery after earlier losses. Core machine orders were a drag and emission data issues weighed on autos with Yamaha, Suzuki, and Mazda those affected earlier on.

Meanwhile, Chinese stocks continue to roar with the Shanghai Composite now up by 2.0% on the day with the CSI 300 index up by 2.7% currently as blue chip stocks rally on the back of talks of possible government support for the tech sector in the wake of tariffs imposed by the US.