Tokyo stocks fell for the third consecutive day on Friday amid concerns over continued U.S. interest rate hikes.
Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, hit its lowest since June 1 by losing 175.24 points, or 0.55 percent, from Thursday to close at 31,450.76.
The broader Topix index, meanwhile, finished 15.77 points, or 0.7 percent, lower at 2,237.29.
The declines came after losses in the U.S. stock market, where U.S. long-term interest rates rose due to the view that the U.S. monetary tightening will be prolonged.
On the Prime Market, most stocks fell, with decliners led by electric power and gas, retail and construction shares.
Issues that declined outpaced those that rose by 1,448 to 334, while 53 ended the day unchanged.
