2 months ago
Stock Market

Japan stocks lower at close of trade; Nikkei 225 down 1.29%

Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Retail, Chemical and Electrical/Machinery sectors

Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Retail, Chemical and Electrical/Machinery sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 1.29%.

The best performers of the session on the Nikkei 225 were Mitsui Engineering&Shipbuilding (T:7003), which rose 2.94% or 33.0 points to trade at 1155.0 at the close. Meanwhile, Tokyo Electron Ltd. (T:8035) added 2.61% or 340.0 points to end at 13390.0 and Dainippon Screen Mfg. Co., Ltd. (T:7735) was up 2.51% or 120.0 points to 4905.0 in late trade.

The worst performers of the session were Kao Corp. (T:4452), which fell 5.45% or 425.0 points to trade at 7373.0 at the close. Kikkoman Corp. (T:2801) declined 4.83% or 290.0 points to end at 5720.0 and Sumitomo Dainippon Pharma Co Ltd (T:4506) was down 4.56% or 175.0 points to 3665.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2362 to 1158 and 188 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.81% to 23.30.

Crude oil for February delivery was down 1.49% or 0.78 to $51.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.43% or 0.88 to hit $60.56 a barrel, while the February Gold Futures contract rose 0.38% or 4.95 to trade at $1296.95 a troy ounce.

USD/JPY was down 0.22% to 107.92, while EUR/JPY fell 0.16% to 124.62.

The US Dollar Index Futures was up 0.01% at 94.797.