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Asian shares down following Wall Street's lead

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Shares in Asia were trending downwards on Thursday following Wall Street's lead which ended its day lower.


Stocks in the US broke their four-day winning streak after a fatal shooting in Canada's capital worried investors.


A gunman killed a soldier at a war memorial in Ottawa and shots were fired in the parliament building.


Some positive news for US investors came from Yahoo, however, after the technology giant saw its shares rise more than 4.5% in US trading.


The firm reported third-quarter profits of $6.8bn (£4.2bn) earlier this week, boosted by earnings from its stake in Alibaba.


In Japan, the Nikkei index was trading lower in Thursday morning trade, down by just over 0.7%.


The slide into negative territory comes after a more upbeat day for the index on Wednesday when investor sentiment was boosted by official trade figures that showed a rapid increase in exports during September.


The world's third largest economy said its exports jumped 6.9% from a year earlier - the strongest rise for seven months - although official data showed its trade deficit for the month still widened.


One of only markets in Asia moving that was in positive territory on Thursday morning was Shanghai's CSI 300 Index, after manufacturing data from small and medium sized factories in China came in slightly ahead of expectations.


The index later moved downwards though by more than 0.2%.


In South Korea, the Kospi index was hovering in negative territory in mid-morning trade, down by more than than 0.1%, while in Hong Kong, the Hang Seng Index started the morning lower too, down by more than 0.4%.


In Australia, the ASX All Ordinaries index was in negative territory in the lead-up to midday, down by 0.2%, following Wall Street's lead and in line with other markets across the region.


Elsewhere, the London market closed higher after a rise in insurance firm shares, together with positive results from the drugs giant, GlaxoSmithKline.


Shares in Glaxo jumped 2.6% after its core earnings beat analysts' forecasts.


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