Tokyo, Shanghai The Asian markets could not agree on a common direction on Thursday because of statements to the contrary about the Russian troop withdrawal from the border regions with Ukraine. Western countries, including the US, on Wednesday reported an increase in the Russian military presence rather than a withdrawal of forces as claimed by the Kremlin. “As tensions run high and markets assess the risks of a Russian invasion of Ukraine, the decline in risk aversion could abruptly reverse,” analysts at Japanese financial services firm Mizuho wrote in a statement.
The Nikkei index, which comprises 225 values, was 0.2 percent lower at 27,417 points. The broader Topix index fell 1 percent to 1,928 points.
The Shanghai stock exchange was up 0.4 percent. The index of the most important companies in Shanghai and Shenzhen gained 0.6 percent.
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