Japan stocks lower at close of trade; Nikkei 225 down 0.85%

Japan stocks lower at close of trade; Nikkei 225 down 0.85%

Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Shipbuilding, Power and Banking sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 0.85%.

The best performers of the session on the Nikkei 225 were Konica Minolta, Inc. (TYO:4902), which rose 11.22% or 53.80 points to trade at 533.30 at the close. Meanwhile, Tokyo Tatemono Co., Ltd. (TYO:8804) added 6.10% or 141.50 points to end at 2,463.00 and Kirin Holdings Co., Ltd. (TYO:2503) was up 3.32% or 73.00 points to 2,273.00 in late trade.

The worst performers of the session were Recruit Holdings Co Ltd (TYO:6098), which fell 4.93% or 476.00 points to trade at 9,170.00 at the close. Mercari Inc (TYO:4385) declined 4.87% or 111.00 points to end at 2,166.00 and TOTO Ltd. (TYO:5332) was down 4.16% or 205.00 points to 4,718.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2805 to 805 and 246 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 0.72% to 26.24.

Crude oil for December delivery was down 0.52% or 0.37 to $71.37 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.50% or 0.38 to hit $75.66 a barrel, while the December Gold Futures contract rose 0.17% or 4.65 to trade at $2,764.45 a troy ounce.

USD/JPY was up 0.75% to 152.19, while EUR/JPY rose 0.77% to 164.31.

The US Dollar Index Futures was up 0.14% at 104.06.

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