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 1.68% to hit a new 3-years low.
The best performers of the session on the Nikkei 225 were Fujifilm Holdings Corp. (T:4901), which rose 15.43% or 700.0 points to trade at 5238.0 at the close. Meanwhile, Showa Denko K.K. (T:4004) added 11.73% or 203.0 points to end at 1933.0 and Tokai Carbon Co., Ltd. (T:5301) was up 11.54% or 84.0 points to 812.0 in late trade.
The worst performers of the session were Softbank Group Corp. (T:9984), which fell 10.90% or 397.0 points to trade at 3246.0 at the close. Mitsui Engineering & Shipbuilding (T:7003) declined 9.15% or 46.0 points to end at 457.0 and JGC Corp. (T:1963) was down 9.09% or 78.0 points to 780.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2046 to 1629 and 107 ended unchanged.
Shares in Softbank Group Corp. (T:9984) fell to 5-year lows; losing 10.90% or 397.0 to 3246.0. Shares in Mitsui Engineering & Shipbuilding (T:7003) fell to all time lows; losing 9.15% or 46.0 to 457.0. Shares in JGC Corp. (T:1963) fell to 5-year lows; down 9.09% or 78.0 to 780.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 56.63.
Crude oil for May delivery was down 1.94% or 0.53 to $26.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 1.11% or 0.32 to hit $28.41 a barrel, while the April Gold Futures contract fell 0.92% or 14.00 to trade at $1511.80 a troy ounce.
USD/JPY was down 0.48% to 107.16, while EUR/JPY fell 0.35% to 117.97.
The US Dollar Index Futures was down 0.12% at 99.688.