Tokyo stocks end 0.3 per cent lower

By AAP

The Tokyo market opened higher after the S&P index logged another record close on Wall Street. "There is still some buying in undervalued and so-called laggard sectors such as banks and brokerages," said an equity trading director at a European brokerage. "But overall a lack of trading incentives, combined with reticence before Yellen's speech is enough to keep people out of the market," the trader told Dow Jones Newswires.

Read more here: Business Spectator

    

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