TOKYO, Feb 25 (Reuters) -
Japan's Nikkei share average fell more than 1% in early
trade on Tuesday to its lowest level in just over a month, as a
stronger yen and Wall Street losses overnight weighed on
sentiment.
The Nikkei was down 1.6% at 38,157.15 as of 0022
GMT, while the broader Topix shed 0.7%.
The yen touched its strongest level against the dollar
since early December on Monday, weighing on exporter
shares as the market reopened after a holiday.
The Nasdaq composite closed down more than 1% on Monday,
with big technology stocks creating the biggest drag as
investors worried about demand for technology supporting
artificial intelligence while they waited for results from
market heavyweight Nvidia ( NVDA ).
Elsewhere, Itochu ( ITOCF ), Marubeni ( MARUF ), Mitsubishi
Corp ( MSBHF ), Mitsui ( MITSF ) and Sumitomo Corp ( SSUMF ) surged
after Warren Buffett said on Saturday that his conglomerate
Berkshire Hathaway ( BRK/A ) will likely increase its ownership
in the five Japanese trading houses.
(Reporting by Brigid Riley; Editing by Varun H K)