Nikkei closes at 3-month low as yen strengthens

The Nikkei common ended at a three-month low on Thursday, posting its largest each day decline in three years because the yen’s strengthening in opposition to main currencies damage investor sentiment.

The 225-issue common fell 3.28% to finish the day at 37,869.51, its lowest shut since April 25.

The index prolonged its shedding streak to seven days, its longest since October 2021, and posted its largest each day fall since June 2021.