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Japan stocks lower at close of trade; Nikkei 225 down 0.83%

Published 02/17/2022, 02:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 0.83%
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Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Real Estate, Mining and Chemical, Petroleum & Plastic sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 0.83%.

The best performers of the session on the Nikkei 225 were Pacific Metals Co., Ltd. (T:5541), which rose 4.74% or 150.0 points to trade at 3315.0 at the close. Meanwhile, Hitachi Ltd (T:6501) added 4.17% or 246.0 points to end at 6150.0 and Mitsubishi Corp. (T:8058) was up 3.39% or 135.0 points to 4120.0 in late trade.

The worst performers of the session were Recruit Holdings Co Ltd (T:6098), which fell 5.76% or 295.0 points to trade at 4828.0 at the close. Chugai Pharmaceutical Co., Ltd. (T:4519) declined 3.66% or 147.0 points to end at 3868.0 and Z Holdings Corp (T:4689) was down 3.53% or 20.0 points to 546.3.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2470 to 1088 and 211 ended unchanged.

Shares in Pacific Metals Co., Ltd. (T:5541) rose to 3-years highs; gaining 4.74% or 150.0 to 3315.0. Shares in Mitsubishi Corp. (T:8058) rose to all time highs; gaining 3.39% or 135.0 to 4120.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 13.43% to 24.36.

Crude oil for March delivery was down 1.09% or 1.02 to $92.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 1.18% or 1.12 to hit $93.69 a barrel, while the April Gold Futures contract rose 0.32% or 6.05 to trade at $1877.55 a troy ounce.

USD/JPY was down 0.15% to 115.29, while EUR/JPY fell 0.21% to 131.03.

The US Dollar Index Futures was up 0.17% at 95.855.

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