Japan stocks lower at close of trade; Nikkei 225 down 1.55%

Japan stocks lower at close of trade; Nikkei 225 down 1.55%

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

At the close in Tokyo, the Nikkei 225 lost 1.55%.

The best performers of the session on the Nikkei 225 were Sharp Corp (TYO:6753), which rose 13.80% or 122.60 points to trade at 1,011.00 at the close. Meanwhile, Seven & i Holdings Co., Ltd. (TYO:3382) added 11.78% or 262.50 points to end at 2,490.00 and Eneos Holdings Inc (TYO:5020) was up 6.97% or 52.80 points to 810.10 in late trade.

The worst performers of the session were Nexon Co Ltd (TYO:3659), which fell 17.45% or 449.00 points to trade at 2,123.50 at the close. Sumitomo Metal Mining Co., Ltd. (TYO:5713) declined 9.24% or 387.00 points to end at 3,801.00 and Sumitomo Realty & Development Co. (TYO:8830) was down 5.08% or 249.00 points to 4,648.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2209 to 1419 and 229 ended unchanged.

Shares in Nexon Co Ltd (TYO:3659) fell to 52-week lows; falling 17.45% or 449.00 to 2,123.50. Shares in Seven & i Holdings Co., Ltd. (TYO:3382) rose to all time highs; gaining 11.78% or 262.50 to 2,490.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 5.38% to 26.04.

Crude oil for December delivery was up 0.15% or 0.10 to $68.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.17% or 0.12 to hit $72.01 a barrel, while the December Gold Futures contract rose 0.23% or 6.00 to trade at $2,612.30 a troy ounce.

USD/JPY was up 0.28% to 155.03, while EUR/JPY rose 0.16% to 164.52.

The US Dollar Index Futures was up 0.04% at 105.99.

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