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Japan stocks lower at close of trade; Nikkei 225 down 1.74%

Published 05/14/2020, 03:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 1.74%
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1925
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Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower.

At the close in Tokyo, the Nikkei 225 lost 1.74%.

The best performers of the session on the Nikkei 225 were Daiichi Sankyo Co., Ltd. (T:4568), which rose 4.66% or 378.0 points to trade at 8489.0 at the close. Meanwhile, Takeda Pharmaceutical Co., Ltd. (T:4502) added 4.65% or 179.0 points to end at 4028.0 and Nichirei Corp. (T:2871) was up 3.52% or 102.0 points to 2998.0 in late trade.

The worst performers of the session were Daiwa House Industry Co., Ltd. (T:1925), which fell 10.70% or 293.5 points to trade at 2450.5 at the close. Mitsui Engineering & Shipbuilding (T:7003) declined 8.70% or 47.0 points to end at 493.0 and Ricoh Co., Ltd. (T:7752) was down 7.69% or 59.0 points to 708.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3135 to 521 and 88 ended unchanged.

Shares in Daiichi Sankyo Co., Ltd. (T:4568) rose to all time highs; gaining 4.66% or 378.0 to 8489.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 29.15.

Crude oil for June delivery was up 2.06% or 0.52 to $25.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.33% or 0.68 to hit $29.87 a barrel, while the June Gold Futures contract rose 0.55% or 9.40 to trade at $1725.80 a troy ounce.

USD/JPY was down 0.20% to 106.81, while EUR/JPY fell 0.25% to 115.45.

The US Dollar Index Futures was up 0.03% at 100.317.

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