Sunday, 1 November 2015

Asian Market News 2nd November 2015

Nikkei skids 1.7 percent

Japan's Nikkei 225 index pulled back from Friday's two-month high, falling below the 19,000 mark in early trade. Stocks with heavy exposure to the mainland traded on the back foot amid more China-related concerns.

Steel producers Nippon Steel and Sumitomo Metal tumbled 5.8 percent, while JFE Holdings and Nisshin Steel slumped 3.9 and 2.9 percent respectively. Construction equipment makers Komatsu and Hitachi Construction Machinery Co declined more than 1 percent each. 



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