2018-10-29
Japanese stocks fell on Monday, weighed down by continued weakness in Chinese and US equities, dampening investors' sentiment, but the hunt for cheap stocks helped reduce overall losses.
 
Nikkei moved up and down in a volatile session that reflected turbulence in global markets. The Nikkei closed down 0.16 percent at 2,149.80 points, after hitting its biggest weekly loss in more than eight months.
 
The broader TOPIX index was down 0.4 percent at 1,589.56 points.
Sony lost 0.55 percent, ignoring a report in the Nikkei Business daily that expected consolidated operating profit for the April-September period to hit a record high.
 
Shares on Wall Street fell on Friday as technology and Internet stocks lost ground at the end of a volatile week for US equities.
 
Asian stocks, which struggled to maintain their modest early gains and the Shanghai index lost 2.2 percent.