Nikkei drops on US jobs report

Reuters Updated - January 24, 2018 at 08:26 PM.

Tokyo shares fell on Monday in thin trade after a strong US jobs report stoked concerns that the Federal Reserve could raise interest rates sooner than expected.

The Nikkei ended 1.0 per cent lower at 18,790.55. The broader Topix dropped 0.6 per cent to 1,531.76, with only 1.798 billion shares changing hands, the lowest level since December 30.

The JPX-Nikkei Index 400 also shed 0.6 per cent to 13,919.70.

Published on March 9, 2015 07:00