Nikkei 225 closes lower by 0.76% at 22,770.36

A down day for Asian stocks

Nikkei 16-07

A poor day for Asian equities as profit-taking activity was the reason most alluded to for the drop after the Nikkei also touched a one-month high yesterday, not to mention the slump in Chinese equities as well.

Tokyo reporting a daily record of 280 new virus cases added to the softer tone in general too. The mood in US futures also isn't helping, with E-minis seen down 0.4% currently.

The Hang Seng is down 1.1% while the Shanghai Composite is seeing losses of 2.3% now.

In the currencies space, this is seeing the dollar keep mildly firmer but nothing too significant as trading ranges remain relatively modest for the time being.

investingLive Premium
Telegram Community
Gain Access