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Japan stocks lower at close of trade; Nikkei 225 down 1.25%

Published 01/13/2023, 02:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 1.25%

Investing.com – Japan stocks were lower after the close on Friday, as losses in the Textile, Construction and Railway & Bus sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 1.25%.

The best performers of the session on the Nikkei 225 were Seven & i Holdings Co., Ltd. (TYO:3382), which rose 6.06% or 351.00 points to trade at 6,142.00 at the close. Meanwhile, Concordia Financial Group Ltd (TYO:7186) added 6.01% or 34.00 points to end at 600.00 and Shizuoka Financial Group Inc (TYO:5831) was up 5.50% or 59.00 points to 1,131.00 in late trade.

The worst performers of the session were Fast Retailing Co., Ltd. (TYO:9983), which fell 7.95% or 6,350.00 points to trade at 73,490.00 at the close. Nippon Sheet Glass Co., Ltd. (TYO:5202) declined 4.96% or 32.00 points to end at 613.00 and Mazda Motor Corp (TYO:7261) was down 4.52% or 45.00 points to 950.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2261 to 1279 and 266 ended unchanged.

Shares in Seven & i Holdings Co., Ltd. (TYO:3382) rose to all time highs; rising 6.06% or 351.00 to 6,142.00. Shares in Concordia Financial Group Ltd (TYO:7186) rose to 3-years highs; gaining 6.01% or 34.00 to 600.00. Shares in Shizuoka Financial Group Inc (TYO:5831) rose to 3-years highs; up 5.50% or 59.00 to 1,131.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 4.74% to 18.80.

Crude oil for February delivery was up 0.05% or 0.04 to $78.43 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.06% or 0.05 to hit $83.98 a barrel, while the February Gold Futures contract rose 0.03% or 0.65 to trade at $1,899.45 a troy ounce.

USD/JPY was down 0.52% to 128.54, while EUR/JPY fell 0.62% to 139.35.

The US Dollar Index Futures was down 0.03% at 101.96.

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