Nikkei drops for third day, stronger yen dampens sentiment

Investors remain cautious amid tensions in Ukraine

Japan's Nikkei share average dropped for a third day on Friday as investors remained cautious amid tensions in Ukraine, while a stronger yen weighed on risk appetite and dragged down exporters.

The Nikkei ended 0.6% lower at 14,841.07 in choppy trade after falling as low as 14,735.52. It fell 0.2% for the week and dropped 0.5% for the month.

The broader Topix index slipped 0.5% to 1,211.66.

The JPX-Nikkei Index 400, an index launched this year comprising firms with high return on equity and strong corporate governance, dropped 0.3% to 10,971.80.