Japan stocks lower at close of trade; Nikkei 225 down 2.79%

Japan stocks lower at close of trade; Nikkei 225 down 2.79%

Investing.com – Japan stocks were lower after the close on Friday, as losses in the Transportation Equipment, Rubber and Pharmaceutical Industry sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 2.79%.

The best performers of the session on the Nikkei 225 were Mitsubishi Electric Corp (TYO:6503), which rose 14.18% or 338.50 points to trade at 2,726.00 at the close. Meanwhile, Panasonic Corp (TYO:6752) added 8.52% or 105.50 points to end at 1,343.50 and Asahi Kasei Corp. (TYO:3407) was up 6.37% or 67.50 points to 1,127.00 in late trade.

The worst performers of the session were Lasertec Corp (TYO:6920), which fell 16.44% or 3,860.00 points to trade at 19,615.00 at the close. Subaru Corp (TYO:7270) declined 11.50% or 320.00 points to end at 2,461.50 and Fujitsu Ltd. (TYO:6702) was down 9.04% or 268.00 points to 2,695.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2814 to 830 and 199 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 11.79% to 25.97.

Crude oil for December delivery was up 1.92% or 1.33 to $70.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.79% or 1.30 to hit $74.11 a barrel, while the December Gold Futures contract rose 0.48% or 13.30 to trade at $2,762.60 a troy ounce.

USD/JPY was up 0.31% to 152.49, while EUR/JPY rose 0.21% to 165.82.

The US Dollar Index Futures was up 0.04% at 103.92.

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