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Japan stocks lower at close of trade; Nikkei 225 down 2.22%

Published 10/26/2023, 04:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 2.22%

Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Power, Railway & Bus and Marine Transport sectors led shares lower.

At the close in Tokyo, the Nikkei 225 lost 2.22%.

The best performers of the session on the Nikkei 225 were Kansai Electric Power Co Inc (TYO:9503), which rose 1.56% or 30.50 points to trade at 1,979.50 at the close. Meanwhile, Chubu Electric Power Co., Inc. (TYO:9502) added 1.43% or 25.50 points to end at 1,805.00 and Tokyo Electric Power Co., Inc. (TYO:9501) was up 1.24% or 7.80 points to 638.50 in late trade.

The worst performers of the session were Advantest Corp. (TYO:6857), which fell 6.87% or 294.00 points to trade at 3,984.00 at the close. Dainippon Screen Mfg. Co., Ltd. (TYO:7735) declined 5.61% or 420.00 points to end at 7,068.00 and Tokyo Electron Ltd. (TYO:8035) was down 5.03% or 1,025.00 points to 19,340.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2890 to 766 and 214 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.95% to 22.11.

Crude oil for December delivery was down 0.82% or 0.70 to $84.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.67% or 0.60 to hit $89.53 a barrel, while the December Gold Futures contract rose 0.31% or 6.25 to trade at $2,001.15 a troy ounce.

USD/JPY was up 0.13% to 150.40, while EUR/JPY fell 0.08% to 158.63.

The US Dollar Index Futures was up 0.20% at 106.57.

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