Nikkei Down 0.3%, Dragged by Electronics, Tech Stocks

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Japanese stocks are lower in early trade following lackluster gross domestic product data. Electronics, tech, and bank shares are leading the declines.
Lasertec is down 1.8%, SoftBank Group is 1.6% lower and Resona Holdings is down 1.8%. Japan's GDP fell 0.6% in the July-September quarter from the previous three months, worse than a 0.4% drop initially estimated, government data showed earlier Monday.
USD/JPY is at 155.21, compared with 154.59 as of Friday's Tokyo stock market close. Investors are closely watching any progress in Prime Minister Sanae Takaichi's policy measures to support the economy.
The Nikkei Stock Average is down 0.3% at 50334.02.

Sumber : Dow Jones Newswires

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