Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Construction, Steel and Financial Services sectors led shares lower.
At the close in Tokyo, the Nikkei 225 declined 1.29% to hit a new 1-month low.
The best performers of the session on the Nikkei 225 were Sumitomo Metal Mining Co., Ltd. (T:5713), which rose 5.83% or 100.0 points to trade at 1814.0 at the close. Meanwhile, Yamaha Motor Co Ltd (T:7272) added 5.25% or 153.0 points to end at 3070.0 and Mitsubishi Materials Corp. (T:5711) was up 4.73% or 175.0 points to 3872.6 in late trade.
The worst performers of the session were SUMCO Corp. (T:3436), which fell 11.18% or 205.0 points to trade at 1629.0 at the close. Yokogawa Electric Corp. (T:6841) declined 9.67% or 183.0 points to end at 1710.0 and Olympus Corp. (T:7733) was down 6.99% or 285.0 points to 3790.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2659 to 620 and 201 ended unchanged.
Shares in Sumitomo Metal Mining Co., Ltd. (T:5713) rose to 52-week highs; gaining 5.83% or 100.0 to 1814.0. Shares in Yamaha Motor Co Ltd (T:7272) rose to 52-week highs; up 5.25% or 153.0 to 3070.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 2.96% to 12.88.
Crude oil for September delivery was up 0.10% or 0.05 to $49.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.02% or 0.01 to hit $52.15 a barrel, while the December Gold Futures contract rose 0.91% or 11.55 to trade at $1274.15 a troy ounce.
USD/JPY was down 0.58% to 109.70, while EUR/JPY fell 0.76% to 128.68.
The US Dollar Index Futures was up 0.04% at 93.52.