Asian equities mostly lower; Nikkei falls 1%, dollar lower

Thursday, April 13, 2017

Asian equities mostly lower; Nikkei falls 1%, dollar lower

Asian equities were mostly lower in Thursday trade, following comments made by US President Donald Trump that the dollar was too strong.

Japan’s Nikkei 225 was down 1.16 percent on the back of the stronger yen. The ASX 200 was lower by 0.73 percent, driven mainly by in its materials and energy sub-indexes, which sank 2.54 percent and 1.68 percent respectively.

The South Korean benchmark Kospi index was marginally higher, trading 0.09 percent higher.

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