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Japan stocks lower at close of trade; Nikkei 225 down 0.58%

Published 05/10/2022, 03:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 0.58%
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Investing.com – Japan stocks were lower after the close on Tuesday, as losses in the Gas & Water, Construction and Services sectors led shares lower.

At the close in Tokyo, the Nikkei 225 lost 0.58% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were Kawasaki Kisen Kaisha, Ltd. (TYO:9107), which rose 6.22% or 480.00 points to trade at 8,200.00 at the close. Meanwhile, Sumitomo Dainippon Pharma Co Ltd (TYO:4506) added 4.69% or 57.00 points to end at 1,273.00 and TOTO Ltd. (TYO:5332) was up 3.26% or 140.00 points to 4,435.00 in late trade.

The worst performers of the session were Japan Steel Works Ltd (TYO:5631), which fell 15.57% or 471.00 points to trade at 2,554.00 at the close. Sumitomo Corp. (TYO:8053) declined 8.92% or 183.00 points to end at 1,868.00 and Pacific Metals Co., Ltd. (TYO:5541) was down 8.18% or 285.00 points to 3,200.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2125 to 1394 and 261 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 11.01% to 27.83 a new 1-month high.

Crude oil for June delivery was down 0.24% or 0.25 to $102.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.35% or 0.37 to hit $105.57 a barrel, while the June Gold Futures contract rose 0.08% or 1.55 to trade at $1,860.15 a troy ounce.

USD/JPY was up 0.03% to 130.29, while EUR/JPY rose 0.13% to 137.65.

The US Dollar Index Futures was up 0.03% at 103.72.

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