Nikkei 225 closes lower by 4.73% at 21,610.24

Tokyo's main index pares some losses ahead of the close, but still suffers a major drop on the day

  • Session high 22,277.45
  • Session low 21,078.71

US equity futures are turning the corner a little and that's helping to provide some relief for Asian stocks heading into the close. Still, the Nikkei is down by more than 10% from this year's peak - justifying the "correction phase".

The bounce towards the close sees USD/JPY also recover some ground, now up to 108.83 on the day.

Other markets in Asia:

  • Hang Seng -4.01%
  • Shanghai Composite -2.75%
  • CSI 300 -2.70%
  • Kospi -1.40%
  • Taiex -4.95%
  • ASX 200 -3.20%

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