3 months ago
Stock Market

Japan stocks lower at close of trade; Nikkei 225 down 2.39%

Investing.com – Japan stocks were lower after the close on Tuesday, as losses in the Shipbuilding, Chemical, Petroleum&Plastic and Glass

Investing.com – Japan stocks were lower after the close on Tuesday, as losses in the Shipbuilding, Chemical, Petroleum&Plastic and Glass sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 2.39%.

The best performers of the session on the Nikkei 225 were Konica Minolta, Inc. (T:4902), which rose 0.77% or 8.0 points to trade at 1049.0 at the close. Meanwhile, Toyo Seikan Group Holdings, Ltd. (T:5901) added 0.76% or 20.0 points to end at 2656.0 and Chiyoda Corp. (T:6366) was up 0.31% or 1.0 points to 319.0 in late trade.

The worst performers of the session were Kawasaki Kisen Kaisha, Ltd. (T:9107), which fell 10.04% or 169.0 points to trade at 1515.0 at the close. Showa Denko K.K. (T:4004) declined 8.82% or 415.0 points to end at 4290.0 and TOTO Ltd. (T:5332) was down 6.51% or 285.0 points to 4090.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3037 to 531 and 146 ended unchanged.

Shares in Toyo Seikan Group Holdings, Ltd. (T:5901) rose to 5-year highs; up 0.76% or 20.0 to 2656.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 12.34% to 17.62 a new 1-month low.

Crude oil for January delivery was up 1.13% or 0.60 to $53.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.01% or 0.62 to hit $62.31 a barrel, while the February Gold Futures contract rose 0.36% or 4.50 to trade at $1244.10 a troy ounce.

USD/JPY was down 0.58% to 113.01, while EUR/JPY fell 0.30% to 128.65.

The US Dollar Index Futures was down 0.39% at 96.593.