Japan shares close lower on Ukraine crisis By Reuters

© Archyde.com. A man wearing a mask to protect once morest the Corona virus walks in front of a screen displaying indicators including the Japanese Nikkei in Tokyo on February 14, 2022. Photo: Kim Kyu

TOKYO (Archyde.com) – Japanese stocks fell on Thursday following concerns over Ukraine curbed risk appetite, while investors remained wary of raising interest rates globally to contain widening inflationary pressures.

The benchmark index lost 0.83 percent to close at 27,232.87 points, while the broader Topix index fell 0.79 percent to 1931.24 points. The Nikkei rose 2.2 percent on Wednesday.

Recruitment agency Recruit Holdings pushed the Nikkei index to decline following its shares fell 5.76 percent, followed by Fast Retailing, owner of the Uniqlo clothing brand, whose shares fell 1.13 percent. Shares of SoftBank Group to invest in technology 2.27 percent.

With the start of a decline in new infections with Covid-19 in Japan, the shares of companies that will benefit from the reopening rose, as railway companies rose 0.03 percent and airline shares rose 0.89 percent.

(Prepared by Ali Khafagy for the Arabic Bulletin – Edited by Suha Jado)

Explanation of the risks: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.