Asian markets closed lower Thursday, with investors selling ahead of key U.S. October consumer inflation data due later today. Japan, South Korea and Australia all finished lower despite trading higher throughout most of the session.
However, resource firms were in favor with copper prices climbing after an earthquake in Chile, the world's top copper producer, threatened supply. Energy firms such as Santos and Oil Search rose after a sharp rise in oil prices. Gold miners were also higher following the rebound in gold prices, with Newcrest Mining and Lihir Gold both up.
The Nikkei 225 Average succumbed to late selling and closed in negative territory as TDK Corp tumbled on a UBS downgrade and investors sold Softbank and other issues that posted sharp gains the previous session.