Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Japan stocks lower at close of trade; Nikkei 225 down 1.77%

Published 12/07/2023, 01:30 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 1.77%

Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Precision Instruments, Electrical/Machinery and Machinery sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 1.77%.

The best performers of the session on the Nikkei 225 were Tokyo Electric Power Co., Inc. (TYO:9501), which rose 10.55% or 73.00 points to trade at 765.00 at the close. Meanwhile, Sompo Holdings Inc (TYO:8630) added 5.12% or 353.00 points to end at 7,253.00 and Shizuoka Financial Group Inc (TYO:5831) was up 1.84% or 22.50 points to 1,247.50 in late trade.

The worst performers of the session were Kawasaki Kisen Kaisha, Ltd. (TYO:9107), which fell 4.95% or 271.00 points to trade at 5,202.00 at the close. Advantest Corp. (TYO:6857) declined 4.69% or 208.00 points to end at 4,224.00 and CyberAgent Inc (TYO:4751) was down 4.45% or 38.30 points to 822.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2914 to 728 and 221 ended unchanged.

Shares in Tokyo Electric Power Co., Inc. (TYO:9501) rose to 5-year highs; up 10.55% or 73.00 to 765.00. Shares in Sompo Holdings Inc (TYO:8630) rose to all time highs; rising 5.12% or 353.00 to 7,253.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 4.16% to 17.77.

Crude oil for January delivery was up 0.55% or 0.38 to $69.76 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.58% or 0.43 to hit $74.73 a barrel, while the February Gold Futures contract fell 0.13% or 2.65 to trade at $2,045.25 a troy ounce.

USD/JPY was down 0.64% to 146.37, while EUR/JPY fell 0.64% to 157.54.

The US Dollar Index Futures was down 0.03% at 104.08.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.