giang nguyen has more from the tokyo stock exchange. >> investors are w watching the presidential race with a growing sense of anxiety. that nervousness is evident in the weakening dollar. let's take a look at the closing levels this friday, november 4th. the nikkei 225 lost 1.3% finishing at 16,905. the broader topix fell almost 1.6%. the nikkei had a dismal week losing 1.3% since last friday. that's the worst weekly performance since july. let's talk about individual movers leading the index lower where casio computer and minebea were down more than 7%. the companies reported b below theieir earlier projections. onon the bright side,, renesas jumped more than 15%. the company credited higher sales and cost cutting measures. so we're just days away from the u.s. presidential election. giang nguyen reporting from the tokyo stock exchange. >>> moving onto other markets of the asia pacific region. the shanghai composite closing at 3,125. ended the week ahead completing four straight weeks of gains. analysts say recent positive data has eased concerns over the latest. australia declining

giang nguyen reports from the tokyo stotock exchange. >> risk aversion has returned with a vengeance. investors sold off stocks in stock assets such as the yen and gold. tokyo shares plunged. the nikkei 225 lost nearly 1.8% closing at 17,134. the broader topix fell by the same margin. on to currencies. the dollar dropped below the 104 yen level to hit a two-week low. let's check individual stocks. the yen's ascent depressed stocks for honda and toyota. both ended sharply lower. sony's shares fell more than 2% after the electronics company reporteded on tuesday that its t profit last quarter dropped 86% from a year ago due in part to a stronger yen and theecent earthquake in n japan. sumitomo electric industries fell after they cut the profit forecast by 15%. thursday is a holiday here in japan so we'll have to wait until friday to see how tokyo markets will react to wednesday's policy decision at ththe u.s. fedederal reserve. i'm giang nguyen reporting from the tokyo stock exchange. >>> the downward trend spilled over to other parts of the region. several fell more than 1%. seoul's ko

giang nguyen has more from the tokyo stock exchange. >>> a weaker yen has fueled the nikkei's latestull run, but we did see shares dip briefly into negative territory as some investors booked profits. the nikkei 225 added a quarter of a percent, ending at 18,381. the index at one point surpassed its highest close this year set on january 4. the broader topix also gained 0.3%. that index advanced for the 11th day. on the week, the nikkei rose 2.3%, marking three straight weeks of gains. and the dollar hit the highest level of eight months against the yen in tokyo trading. investors are confident about the outlook for the u.s. economy and a december rate hike. the weaker yen boosted exporters like carmakers, mitsubishi motors, nissan, and mazda all showed strong advances. electronics manufacturers like casio computer also gained 7%. next week opec members are meeting to discuss a deal to limit oil production, so we could see big moves in the oil price and energy sectors. giang nguyen reporting from the tokyo stock exchange. >>> a lower house committee has innovation party voted in favo

giang nguyen reporting from the tokyo stock exchange. >>> index rose 0.5% snapping two days of losses. sydney was up 0.4% supported by higher medal prices. 3261 for the closing number there. the highest close in more than ten months. shares of steelmakers rose as chinese iron or futures were sharply up. the index climbed more than 2% for the week. advancing by 0.5%. the index was up for a fourth day to its highest in more than a month after industrial output for october came in slightly better than expected. >>> a lower house committee has approved by majority vote a bill to reform japan public pension system. lawmakers of the ruling coalition liberal democratic party along with the opposition innovation party voted in favor. members of the opposition democratic party and japanese communist party surrounded the committee chairs seat and protested a key pillar of the proposal reform new rule for advising pension payouts. reign in expenditures. such revision of the rule would be necessary for securing the payout level for future generations. the ruling coalition hopes to have the lower

giang nguyen reporting from the tokyo stock exchange. >>> looking at other markets, it was a mixed picture today. many investors want more clarity u.s. president-elect seng index was little changed. in china, the shanghai comosite ended 3218 the closing number there. the highest closing since early january. many investors bought stocks in the hope that a weaker will boost the chinese economy. south korea kospi ending lower, but ongoing political scandal involving the president weighed heavy on market sentiment there >>> leaders at the asia-pacific economic cooperation summit have called for open markets in the face of what they see as rising trade protectionism. japan's prime minister stressed the importance of the transpacific partnership free trade deal at the two-day meeting in lima, peru. the leaders promised to fight against all forms of protectionism. in a joint declalaration they urged to explain the benefits of trade investment and open markets. they reiterated their commitment to creating a free trade area of asia pacific. on the global economy the leaders said all policy tools mo

giang nguyen reporting from the stock exchange. >>> kospi climbed 2.3% and the shanghai gained 1.4% to finish at the highest level in ten months and sydney's index advancing by 3.34%. 5328 the closing number there. commodity prices rose on expectations that trump's presidency will boost demand for metal. shares of the philippines gaining by 0.9, 7,181 is the closing bank. many economists expected. >>> japan's lower house of the diet passed bills. a majority voted on thursday to approve the measures on the free trade agreement. the governing coaoalition and t opopposition innovation party ao gave support, but the opposition democratic party, liberal party and social democratic party boycotted the vote altogether. the japanese communist party voted against the proposed legislation. the tpp calls for japan to scrap tariffs in phases on 95% of its imports such assing a ingassi l ruturaltural product and settlement of investment disputes. a related bill calls for the government pig and farm cattle after the tpp goes into effect. >>> the bills have been steent the upper house for final appro