Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Shipbuilding, Transportation Equipment and Marine Transport sectors led shares lower.
At the close in Tokyo, the Nikkei 225 fell 1.46% to hit a new 1-month low.
The best performers of the session on the Nikkei 225 were Tokai Carbon Co., Ltd. (T:5301), which rose 3.45% or 44.0 points to trade at 1318.0 at the close. Meanwhile, Yahoo Japan Corp. (T:4689) added 2.32% or 7.0 points to end at 309.0 and Kawasaki Kisen Kaisha, Ltd. (T:9107) was up 1.60% or 25.0 points to 1589.0 in late trade.
The worst performers of the session were Yamaha Motor Co Ltd (T:7272), which fell 13.37% or 301.0 points to trade at 1950.0 at the close. Mitsui Mining and Smelting Co. (T:5706) declined 6.40% or 175.0 points to end at 2560.0 and Takara Holdings Inc. (T:2531) was down 5.40% or 70.0 points to 1227.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2827 to 711 and 175 ended unchanged.
Shares in Yamaha Motor Co Ltd (T:7272) fell to 52-week lows; falling 13.37% or 301.0 to 1950.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 5.67% to 16.76.
Crude oil for June delivery was up 0.59% or 0.36 to $61.76 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.27% or 0.19 to hit $70.07 a barrel, while the June Gold Futures contract rose 0.14% or 1.75 to trade at $1287.35 a troy ounce.
USD/JPY was down 0.10% to 110.14, while EUR/JPY rose 0.04% to 123.41.
The US Dollar Index Futures was down 0.15% at 97.252.