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Japan stocks lower at close of trade; Nikkei 225 down 1.57%

Published 01/08/2020, 02:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 1.57%
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JNIV
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6701
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9107
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Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 1.57% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were NEC Corp. (T:6701), which rose 2.21% or 105.0 points to trade at 4850.0 at the close. Meanwhile, Yokogawa Electric Corp. (T:6841) added 1.99% or 40.0 points to end at 2048.0 and JFE Holdings, Inc. (T:5411) was up 1.01% or 14.0 points to 1402.0 in late trade.

The worst performers of the session were Kawasaki Kisen Kaisha, Ltd. (T:9107), which fell 5.93% or 105.0 points to trade at 1665.0 at the close. Tokyu Fudosan (T:3289) declined 4.11% or 31.0 points to end at 724.0 and Tosoh Corp. (T:4042) was down 4.07% or 69.0 points to 1628.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3239 to 449 and 105 ended unchanged.

Shares in NEC Corp. (T:6701) rose to 5-year highs; up 2.21% or 105.0 to 4850.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 15.11.

Crude oil for February delivery was up 0.85% or 0.53 to $63.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.10% or 0.75 to hit $69.02 a barrel, while the February Gold Futures contract rose 0.98% or 15.35 to trade at $1589.65 a troy ounce.

USD/JPY was unchanged 0.00% to 108.42, while EUR/JPY fell 0.03% to 120.85.

The US Dollar Index Futures was down 0.06% at 96.645.

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