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Japan stocks lower at close of trade; Nikkei 225 down 1.02%

Published 11/01/2018, 04:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 1.02%
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Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Shipbuilding, Chemical, Petroleum & Plastic and Pharmaceutical Industry sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 1.02%.

The best performers of the session on the Nikkei 225 were Taiyo Yuden Co., Ltd. (T:6976), which rose 12.07% or 275.0 points to trade at 2554.0 at the close. Meanwhile, Konami Corp. (T:9766) added 8.47% or 365.0 points to end at 4675.0 and TDK Corp (T:6762) was up 7.28% or 710.0 points to 10460.0 in late trade.

The worst performers of the session were Mitsui Engineering & Shipbuilding (T:7003), which fell 21.05% or 400.0 points to trade at 1500.0 at the close. Chiyoda Corp. (T:6366) declined 17.79% or 100.0 points to end at 462.0 and Nisshinbo Holdings Inc. (T:3105) was down 16.44% or 205.0 points to 1042.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1891 to 1625 and 175 ended unchanged.

Shares in Chiyoda Corp. (T:6366) fell to 5-year lows; losing 17.79% or 100.0 to 462.0. Shares in Nisshinbo Holdings Inc. (T:3105) fell to 52-week lows; losing 16.44% or 205.0 to 1042.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.39% to 26.28.

Crude oil for December delivery was down 0.66% or 0.43 to $64.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.77% or 0.58 to hit $74.46 a barrel, while the December Gold Futures contract rose 1.07% or 13.00 to trade at $1228.00 a troy ounce.

USD/JPY was down 0.09% to 112.84, while EUR/JPY rose 0.45% to 128.37.

The US Dollar Index Futures was down 0.54% at 96.38.

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