"Risk aversion is rising, making it hard for investors to make a move through June while monitoring Greek political developments"
- Hitoshi Asaoka, a senior strategist at Mizuho Trust & Banking Co.
Japanese stocks added to losses Wednesday on Greek political impasse.
The Nikkei 225 edged lower 1.12%, or 99.57 points, to 8,801.17. The broader Topix tumbled 1.14%, or 8.52, to 738.88.
"Risk aversion is rising, making it hard for investors to make a move through June while monitoring Greek political developments," said Hitoshi Asaoka, a Tokyo-based senior strategist at Mizuho Trust & Banking Co.
"Cyclical stocks sensitive to risk sentiment are leading losses."
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