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Market Update

Asian Markets End Lower; Nikkei Drops

Asian markets were led lower Wednesday by the Nikkei which fell sharply on the back of a strengthened yen after  Wall Street closed weak overnight for the second consecutive session.

The Nikkei ended 4% lower. The Shanghai Composite fell 0.7% while the Hang Seng gave up 1.5%. The Sensex was down 0.4% while the S&P/ASX All Ordinaries dropped 1.8%.