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

Published 04/26/2023, 03:35 AM
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 Steel, Banking and Precision Instruments sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 0.71%.

The best performers of the session on the Nikkei 225 were Shimizu Corp. (TYO:1803), which rose 8.55% or 65.00 points to trade at 825.00 at the close. Meanwhile, Obayashi Corp. (TYO:1802) added 5.24% or 55.00 points to end at 1,104.00 and Taisei Corp. (TYO:1801) was up 3.69% or 160.00 points to 4,500.00 in late trade.

The worst performers of the session were Nippon Kayaku Co., Ltd. (TYO:4272), which fell 3.31% or 41.00 points to trade at 1,198.00 at the close. Concordia Financial Group Ltd (TYO:7186) declined 2.71% or 14.00 points to end at 502.00 and Shinsei Bank, Ltd. (TYO:8303) was down 2.70% or 67.00 points to 2,411.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2797 to 820 and 220 ended unchanged.

Shares in Shimizu Corp. (TYO:1803) rose to 52-week highs; up 8.55% or 65.00 to 825.00. Shares in Obayashi Corp. (TYO:1802) rose to 52-week highs; up 5.24% or 55.00 to 1,104.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.37% to 16.32.

Crude oil for June delivery was up 0.40% or 0.31 to $77.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.29% or 0.23 to hit $80.83 a barrel, while the June Gold Futures contract rose 0.10% or 2.00 to trade at $2,006.50 a troy ounce.

USD/JPY was down 0.12% to 133.54, while EUR/JPY rose 0.29% to 147.14.

The US Dollar Index Futures was down 0.30% at 101.29.

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