Tokyo's main index closes at the lows as Asian equities get beaten down
- Session high 21,703.21
- Session low 21,204.90
Much like US equities, tech is the leading sector decline among Japanese stocks but it's pretty much red all over the place for the Nikkei as all sectors are suffering losses in trading today. The sentiment here is very much a spillover from Wall Street with the usual suspects being blamed i.e. uncertainty surrounding global trade, higher bond yields, Middle East tensions, global growth worries.
As a result, the yen is marked higher against the dollar in the last hour with USD/JPY falling back just below 112.00 at the moment.
