Hot Stocks

Nikkei falls over 3 pct to 7-week low

TOKYO, Feb 5 (Reuters) - The Nikkei average fell more than 3 percent to hit its lowest in seven weeks on Friday, with exporters hurt by a stronger yen, while escalating sovereign debt problems in Europe dented investor confidence in riskier assets including equities.

The benchmark Nikkei .N225 slid 3.1 percent to 10,039.66, after falling as low as 10,036.33, its lowest since Dec. 18.

The broader Topix .TOPX declined 2.4 percent to 888.94.

Mitsui & Co 8031.T and other resource-linked shares took a beating after a key commodities index saw its biggest daily loss in almost six months on Thursday, hit by a 5 percent fall in crude oil and a steep fall in gold. [COM/WRAP] (Reporting by Aiko Hayashi)