Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Shipbuilding, Manufacturing and Warehousing sectors led shares lower.
At the close in Tokyo, the Nikkei 225 lost 2.84% to hit a new 52-week low.
The best performers of the session on the Nikkei 225 were Takeda Pharmaceutical Co., Ltd. (T:4502), which rose 7.02% or 252.0 points to trade at 3840.0 at the close. Meanwhile, Chubu Electric Power Co., Inc. (T:9502) added 1.93% or 31.0 points to end at 1635.0 and The Kansai Electric Power Co. (T:9503) was up 1.81% or 30.0 points to 1687.0 in late trade.
The worst performers of the session were Taiyo Yuden Co., Ltd. (T:6976), which fell 8.31% or 152.0 points to trade at 1677.0 at the close. TDK Corp (T:6762) declined 7.60% or 600.0 points to end at 7290.0 and Showa Denko K.K. (T:4004) was down 7.00% or 260.0 points to 3455.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3519 to 173 and 63 ended unchanged.
Shares in Taiyo Yuden Co., Ltd. (T:6976) fell to 52-week lows; down 8.31% or 152.0 to 1677.0. Shares in TDK Corp (T:6762) fell to 52-week lows; losing 7.60% or 600.0 to 7290.0. Shares in Showa Denko K.K. (T:4004) fell to 52-week lows; falling 7.00% or 260.0 to 3455.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.90% to 23.07.
Crude oil for February delivery was down 3.07% or 1.48 to $46.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.74% or 1.57 to hit $55.67 a barrel, while the February Gold Futures contract fell 0.24% or 3.05 to trade at $1253.35 a troy ounce.
USD/JPY was down 0.54% to 111.87, while EUR/JPY fell 0.08% to 127.87.
The US Dollar Index Futures was down 0.44% at 96.058.