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Asian Markets Update: Tech Shares Head Lower After Nasdaq Slide

Tokyo, Hong Kong end in the red thanks to the sector's drubbing, but Seoul, Taiwan squeak higher.
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TOKYO -- Asian stock markets ended mixed Thursday, as the

undecided U.S. presidential election continued to keep investors on the sidelines. Technology shares throughout the region were lower, however, after the

Nasdaq

tanked Wednesday.

In Tokyo, the

Nikkei 225

closed down 339.6 points, or 2.2%, at 15,060.1 and the

Topix

index, which includes all shares listed on the

Tokyo Stock Exchange

, fell 26.2, or 1.8%, to close at 1427.5.

Japanese technology shares from electronics giants to chipmakers were lower, as

Sony

(SNE) - Get Sony Corp. Report

fell 170 yen, or 1.8%, to 9,060 ($84.42);

NEC

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(NIPNY)

closed off 50 yen, or 2.1%, at 2,290; and

Fujitsu

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tanked 110 yen, or 5.1%, to 2,050.

Telcos were also lower, as wireless operator

NTT DoCoMo

(NTDMY)

fell 90,000 yen, or 2.9%, to 2.99 million and

Nippon Telegraph & Telephone

(NTT)

closed down 24,000 yen, or 2.5%, at 955,000.

The dollar traded at 107.32 yen, up from 107.04 yen Wednesday.

Hong Kong's

Hang Seng

index also ended in the red, falling 149.3, or 1%, to 15,504.8.

China Mobile

(CHL) - Get China Mobile Ltd. Report

fell HK$1.75, or 3.3%, to 50.75 ($6.51) after its rating was downgraded to a sell by

Credit Suisse First Boston

.

Elsewhere, South Korea's

Kospi

index rose 2.6, or 0.5%, to 560.7, as financial shares led the broader market higher and Taiwan's

TWSE

index squeaked 21.6 points higher, or 0.4%, to 6089.6, as heavyweight

Taiwan Semiconductor

(TSM) - Get Taiwan Semiconductor Manufacturing Company Ltd. Report

capped gains by falling 1.7% to TWD$115.00 ($3.58).