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Japan stocks lower at close of trade; Nikkei 225 down 1.61%

Published 05/12/2021, 03:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 1.61%
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JNIV
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7201
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2871
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5301
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5541
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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 1.61% to hit a new 3-months low.

The best performers of the session on the Nikkei 225 were Tosoh Corp. (T:4042), which rose 4.41% or 87.0 points to trade at 2062.0 at the close. Meanwhile, Tokai Carbon Co., Ltd. (T:5301) added 4.23% or 72.0 points to end at 1773.0 and Nichirei Corp. (T:2871) was up 3.80% or 105.0 points to 2868.0 in late trade.

The worst performers of the session were Pacific Metals Co., Ltd. (T:5541), which fell 15.06% or 373.0 points to trade at 2104.0 at the close. Mitsui Engineering & Shipbuilding (T:7003) declined 14.09% or 83.0 points to end at 506.0 and Nissan Motor Co., Ltd. (T:7201) was down 10.04% or 58.1 points to 520.5.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3039 to 584 and 127 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 18.20.

Crude oil for June delivery was up 0.86% or 0.56 to $65.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.80% or 0.55 to hit $69.10 a barrel, while the June Gold Futures contract fell 0.03% or 0.50 to trade at $1835.60 a troy ounce.

USD/JPY was up 0.12% to 108.75, while EUR/JPY rose 0.10% to 132.04.

The US Dollar Index Futures was up 0.08% at 90.200.

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