Nikkei Closed Lower For The Third Day This Week

Japan’s Nikkei fell on Monday for the third consecutive session after persistent fears of a possible Russian invasion of Ukraine pushed investors away from riskier assets.

The Nikkei index closed down 0.76 percent to record 2,6910.67 points, trimming most of its 2.11 percent losses in early trading, after reports of a possible summit between US President Joe Biden and his Russian counterpart Vladimir Putin, which calmed the atmosphere in the market.

The broader Topix index fell 0.71 percent to close at 1910.68, after falling to 1.83 percent earlier. Growth-related shares suffered larger declines, as its index fell 0.91 percent, compared to a 0.53 percent decline for the value shares index.