TOKYO , Feb. 3 -- ( Kyodo ) _ (EDS: ADDING INFO) The Nikkei stock index fell Monday for the third consecutive trading day to its lowest finish since mid-November as investors remained wary about emerging market turmoil. The 225-issue Nikkei Stock Average ended down 295.40 points, or 1.98 percent, from Friday at 14,619.13. The decline came on top of the index's monthly fall of 8.5 percent in January. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 24.32 points, or 1.99 percent, lower at 1,196.32. A broad range of shares succumbed to selling, with sentiment undermined after U.S. and European stocks fell Friday amid lingering concern about recent plunges in the currencies of emerging economies, brokers said. "There are continuing worries about the course of emerging economies," said Hiroichi Nishi , assistant general manager of equity research at SMBC Nikko Securities Inc. Takuya Takahashi , senior strategist at Daiwa Securities Co. , said that Tokyo shares extended declines in reaction to "still shaky New York stocks." "A lot of U.S. economic data will be released this week before Friday's jobs report, and investors will scrutinize whether the U.S. economy is really on a solid footing by responding to each set of data," Takahashi added. The U.S. Institute for Supply Management's manufacturing report for January is due out later in the day. Market players were also keeping close tabs on the recent series of announcements of Japanese companies' earnings results for the October-December quarter. Heavily weighted Nikkei components were sold, with Softbank tumbling 499 yen , or 6.6 percent, to 7,064 yen , for the ninth straight market day of decline. Fast Retailing dropped 925 yen , or 2.4 percent, to 37,185 yen . Export-oriented automaker and high-tech issues were also sluggish after the U.S. dollar fell to the lower 102 yen range. Sony shed 45 yen , or 2.8 percent, 1,581 yen while Panasonic lost 45 yen , or 3.8 percent, to 1,139 yen . Toyota Motor , Honda Motor and Nissan Motor also fell. Bucking the market's downtrend, Mitsubishi Electric rose 11 yen , or 0.9 percent, to 1,189 yen after raising its net profit outlook for the current fiscal year thanks to the weaker yen. Cosmetic maker Shiseido also rose on an upbeat profit projection. It climbed 64 yen , or 3.9 percent, to 1,701 yen . Declining issues outpaced advancing ones 1,592 to 162 on the First Section, while 26 closed unchanged. Major decliners included brokerage, utility, and information and communication issues. Trading volume on the main section came to 2,920.68 million shares, down from Friday's 3,080.84 million shares.
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