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Japan stocks lower at close of trade; Nikkei 225 down 1.27%

Published 05/24/2024, 02:30 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 1.27%

Investing.com – Japan stocks were lower after the close on Friday, as losses in the Shipbuilding, Steel and Gas & Water sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 1.27%.

The best performers of the session on the Nikkei 225 were Fujikura Ltd. (TYO:5803), which rose 4.88% or 149.00 points to trade at 3,205.00 at the close. Meanwhile, Shiseido Co., Ltd. (TYO:4911) added 4.22% or 203.00 points to end at 5,018.00 and DIC Corp (TYO:4631) was up 3.82% or 121.00 points to 3,292.00 in late trade.

The worst performers of the session were Fuji Electric Co., Ltd. (TYO:6504), which fell 11.19% or 1,110.00 points to trade at 8,814.00 at the close. Lasertec Corp (TYO:6920) declined 4.49% or 2,040.00 points to end at 43,430.00 and Advantest Corp. (TYO:6857) was down 4.48% or 262.00 points to 5,591.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2189 to 1416 and 268 ended unchanged.

Shares in Fujikura Ltd. (TYO:5803) rose to all time highs; up 4.88% or 149.00 to 3,205.00. Shares in DIC Corp (TYO:4631) rose to 52-week highs; rising 3.82% or 121.00 to 3,292.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 17.11.

Crude oil for July delivery was up 0.01% or 0.01 to $76.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.06% or 0.05 to hit $81.41 a barrel, while the June Gold Futures contract rose 0.02% or 0.55 to trade at $2,337.75 a troy ounce.

USD/JPY was up 0.09% to 157.07, while EUR/JPY rose 0.10% to 169.89.

The US Dollar Index Futures was down 0.06% at 104.97.

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