Japanese stocks retreated on Wednesday, pressured by a stronger yen and on broad-based profit taking among exporter stocks and other cyclical names ahead of an upcoming U.S. holiday and employment data.
Japan's benchmark Nikkei share average fell 0.7% to 21,608.73 by the midday break, but was only just below its two-month high touched on Tuesday.
The broader Topix dropped 0.9% to 1,575.40.
In another rare bright spot, the Tokyo Stock Exchange's REIT index advanced 0.4% to hit its highest level since April 2016, supported by institutional buying.
Source : Reuters