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Japan stocks lower at close of trade; Nikkei 225 down 0.71%

Published 09/07/2022, 03:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 0.71%

Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Services, Machinery and Transport sectors led shares lower.

At the close in Tokyo, the Nikkei 225 lost 0.71% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were Unitika, Ltd. (TYO:3103), which rose 3.86% or 10.00 points to trade at 269.00 at the close. Meanwhile, Mitsubishi Motors Corp. (TYO:7211) added 3.61% or 21.00 points to end at 602.00 and Subaru Corp (TYO:7270) was up 3.37% or 84.00 points to 2,574.00 in late trade.

The worst performers of the session were Nippon Yusen K.K (TYO:9101), which fell 7.92% or 810.00 points to trade at 9,420.00 at the close. Mitsui O.S.K. Lines, Ltd. (TYO:9104) declined 7.01% or 245.00 points to end at 3,250.00 and Kawasaki Kisen Kaisha, Ltd. (TYO:9107) was down 6.18% or 520.00 points to 7,890.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2676 to 873 and 219 ended unchanged.

Shares in Mitsubishi Motors Corp. (TYO:7211) rose to 3-years highs; up 3.61% or 21.00 to 602.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 14.93% to 19.72.

Crude oil for October delivery was down 1.53% or 1.33 to $85.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 1.35% or 1.25 to hit $91.58 a barrel, while the December Gold Futures contract fell 0.20% or 3.45 to trade at $1,709.45 a troy ounce.

USD/JPY was up 0.90% to 144.07, while EUR/JPY rose 0.92% to 142.70.

The US Dollar Index Futures was up 0.21% at 110.44.

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