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Japan stocks lower at close of trade; Nikkei 225 down 1.89%

Published 01/29/2021, 02:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 1.89%
JP225
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JNIV
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8801
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7751
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Investing.com – Japan stocks were lower after the close on Friday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower.

At the close in Tokyo, the Nikkei 225 lost 1.89%.

The best performers of the session on the Nikkei 225 were Sumitomo Dainippon Pharma Co Ltd (T:4506), which rose 7.88% or 124.0 points to trade at 1697.0 at the close. Meanwhile, Mitsui Fudosan Co., Ltd. (T:8801) added 3.34% or 68.5 points to end at 2118.5 and Tokyu Fudosan (T:3289) was up 2.96% or 17.0 points to 591.0 in late trade.

The worst performers of the session were Alps Electric Co., Ltd. (T:6770), which fell 8.40% or 128.0 points to trade at 1396.0 at the close. Tokyo Electric Power Co., Inc. (T:9501) declined 8.03% or 35.0 points to end at 401.0 and Canon Inc (T:7751) was down 7.35% or 182.0 points to 2294.5.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2903 to 690 and 146 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 22.31.

Crude oil for March delivery was down 0.61% or 0.32 to $52.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.22% or 0.12 to hit $54.98 a barrel, while the April Gold Futures contract rose 0.30% or 5.60 to trade at $1846.80 a troy ounce.

USD/JPY was up 0.32% to 104.55, while EUR/JPY rose 0.15% to 126.50.

The US Dollar Index Futures was up 0.33% at 90.727.

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