The stronger yen weighed on export-focused stocks as it can reduce overseas earnings when converted into yen. Markets also remained cautious ahead of an expected Bank of Japan rate hike, supported by stronger economic data. July wages recorded their fastest growth since 1997, while second-quarter GDP growth was revised higher.
Market Samachar is a news aggregator. This article was originally published by Share Market Today. Tap the button above to read the full story on their site.