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Japan stocks lower at close of trade; Nikkei 225 down 2.49%

Published 05/13/2021, 03:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 2.49%
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4183
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1963
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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 2.49% to hit a new 3-months low.

The best performers of the session on the Nikkei 225 were Ube Industries, Ltd. (T:4208), which rose 5.64% or 127.0 points to trade at 2379.0 at the close. Meanwhile, Mitsui Chemicals, Inc. (T:4183) added 5.34% or 185.0 points to end at 3650.0 and Asahi Kasei Corp. (T:3407) was up 5.11% or 59.0 points to 1214.0 in late trade.

The worst performers of the session were NEC Corp. (T:6701), which fell 14.05% or 840.0 points to trade at 5140.0 at the close. JGC Corp. (T:1963) declined 13.36% or 164.0 points to end at 1064.0 and Softbank Group Corp. (T:9984) was down 7.77% or 713.0 points to 8467.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2943 to 656 and 139 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 26.27 a new 1-month high.

Crude oil for June delivery was down 1.48% or 0.98 to $65.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 1.43% or 0.99 to hit $68.33 a barrel, while the June Gold Futures contract fell 0.23% or 4.15 to trade at $1818.65 a troy ounce.

USD/JPY was up 0.00% to 109.66, while EUR/JPY rose 0.25% to 132.69.

The US Dollar Index Futures was down 0.06% at 90.630.

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