"Asian Stocks" Japan's third-quarter economy underperformed expectations, Nikkei fluctuated slightly down by 18 points in half a day, and the yen rose by 0.2%

Japan's real GDP contracted at an annualized quarterly rate of 2.3% in the third quarter, falling short of expectations. The market is watching the Federal Reserve's interest rate decision this week, with a 25 basis point rate cut anticipated. The yen appreciated by 0.2% during the Asian session, with the dollar trading at 155.02 yen. The Nikkei index opened 151 points higher this morning (8th) but initially fell by 267 points, reaching a low of 50,224, before narrowing its losses to close down 18 points or less than 0.1%, at 50,473.

Wire stock Fujikura (5803.JP) rose 5.7% in the first half of the day, the largest gain among index stocks. Mitsubishi Heavy Industries (7011.JP) increased by 2.5%.

Weighted stocks Fast Retailing (9983.JP) slightly fell by 0.4%, Mitsubishi UFJ Financial Group (8306.JP) dropped by 1.2%, while SoftBank (9984.JP) and Tokyo Electric Power Company (9501.JP) each declined by about 2.5%. AEON (8267.JP) fell by 4.7%, the largest drop among index stocks. Automotive stocks Toyota (7203.JP) rose by 0.5%, and Nissan (7201.JP) increased by 1.7%