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| Asian shares are down as traders watch UK referendum vote | |
| (about 1 hour later) | |
| Japanese shares have turned sharply negative as traders across Asia keep a close eye on the results from the UK referendum on whether to leave the EU. | |
| After opening with initial gains, the Nikkei 225 fell 2.6% to 15,817.30. | |
| The yen is expected to be volatile throughout the morning. The currency is seen as a safe haven and is expected to strengthen if the UK were to leave the European Union. | The yen is expected to be volatile throughout the morning. The currency is seen as a safe haven and is expected to strengthen if the UK were to leave the European Union. |
| In South Korea, the Kospi index was 1.3% lower at 1,960.81. | |
| Australia's ASX/200 fell 1% to 5,229.10 points. | |
| In China, the mainland Shanghai Composite was down 0.4% to 2,879.58 while Hong Kong's Hang Seng is down 0.3% to 20,807.24. | |
| "Asian investors are remaining cautious. There had been an expectation that the Nikkei would open 2% higher today on the back of a Remain vote," said Bernard Aw of IG Markets. | "Asian investors are remaining cautious. There had been an expectation that the Nikkei would open 2% higher today on the back of a Remain vote," said Bernard Aw of IG Markets. |
| "It's still a long way to go." |