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Japan stocks lower at close of trade; Nikkei 225 down 0.61%

Published 08/17/2023, 03:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 0.61%

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

At the close in Tokyo, the Nikkei 225 declined 0.61% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were Chiba Bank Ltd (TYO:8331), which rose 3.70% or 35.40 points to trade at 992.60 at the close. Meanwhile, Fujikura Ltd. (TYO:5803) added 2.67% or 31.00 points to end at 1,190.50 and Subaru Corp (TYO:7270) was up 2.21% or 57.50 points to 2,657.00 in late trade.

The worst performers of the session were Rakuten Inc (TYO:4755), which fell 4.43% or 24.80 points to trade at 535.50 at the close. Oki Electric Industry Co., Ltd. (TYO:6703) declined 3.96% or 35.00 points to end at 849.00 and CyberAgent Inc (TYO:4751) was down 3.92% or 35.60 points to 872.10.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2455 to 1194 and 209 ended unchanged.

Shares in CyberAgent Inc (TYO:4751) fell to 3-years lows; falling 3.92% or 35.60 to 872.10.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 5.94% to 19.97.

Crude oil for September delivery was up 0.49% or 0.39 to $79.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.53% or 0.44 to hit $83.89 a barrel, while the December Gold Futures contract fell 0.16% or 3.15 to trade at $1,925.15 a troy ounce.

USD/JPY was down 0.02% to 146.32, while EUR/JPY fell 0.03% to 159.18.

The US Dollar Index Futures was up 0.02% at 103.34.

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