Asian markets mostly lower after recent gains

Asian stock markets on Thursday mostly reversed gains from the previous day despite the Dow hitting another record on Wall Street, but Tokyo’s Nikkei was further supported by a weak yen.

Tokyo rose 0.85 per cent, Hong Kong slipped 0.21 per cent, Sydney eased 0.10 per cent and Seoul skidded 0.66 per cent while Shanghai fell 0.45 per cent.

Investors took a breather after Wednesday’s rally, which was partly fuelled by the Dow hitting an all-time high the previous day.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1185326/asian-markets-mostly-lower-after-recent-gains