The Nikkei 225 Index in Tokyo fell 1.8% to 28,443.15 yen ($253.45 USD) as of the midday break in Monday’s session.
This decline comes amidst a backdrop of increased market volatility, with many investors and analysts citing rising concerns over climate change, inequality, and technological disruption as key drivers shaping conversations this year.
Market Move
The Nikkei 225 Index has declined by 3.5% so far in the current quarter, outpacing its peers in other Asian markets.
In Mumbai, the S&P BSE Sensex Index rose 0.6% to 58,655.41 rupees ($783.12 USD), while the Nifty 50 Index increased by 0.5% to 17,343.80 rupees ($232.19 USD).
The Shanghai Composite Index in China fell 1.2% to 3,584.15 yuan ($515.89 CNY) as of Monday’s closing bell.