Japanese stocks fall 0.6% as Iran war concerns push Brent above $100

  • Japanese stocks declined in early trading amid Iran war concerns and higher energy costs.
  • 4.9%: Taisei led losses, while Ryohin Keikaku was quoted 2.52% lower.
  • Brent crude topped $100 a barrel for the first time since July.

Japanese stocks declined in early trading as concerns over the Iran war and higher energy costs weighed on sentiment. Construction and retail shares led the losses, with Taisei down 4.9% and Ryohin Keikaku (7453) quoted 2.52% lower, displayed as a 2.4% decline. The Nikkei Stock Average fell 0.6% to 64759.80. The dollar traded at 153.49 yen, compared with Y153.15 at Wednesday's Tokyo market close. Investors were watching Middle East developments and oil prices after Brent crude rose above $100 a barrel for the first time since July.

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