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Japan's Nikkei lose most in 3 weeks on Ukraine, US inflation risks

The Nikkei share average lost 2.23% to close at 27,079.59, posting its biggest daily percentage drop since January 27 and touching below the 27,000 level for the first time since January 31

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2 min read Last Updated : Feb 14 2022 | 12:53 PM IST

Japan's Nikkei index fell on Monday by its most in nearly three weeks, dragged down by technology stocks, on investor concerns over escalating tensions surrounding Ukraine and broadening inflationary risks.

The Nikkei share average lost 2.23% to close at 27,079.59, posting its biggest daily percentage drop since Jan. 27 and touching below the 27,000 level for the first time since Jan. 31. The broader Topix lost 1.63% to 1,930.65.

"Because the market was closed (in Japan) on Friday, today's market was hit by two separate negative news that happened last week - tensions surrounding Ukraine and Russia, and the sharp rise in

Disclaimer: No Business Standard Journalist was involved in creation of this content

Topics : nikkei Japan Ukraine US Inflation Russia US Russia

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