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Japan stocks lower at close of trade; Nikkei 225 down 3.01%

Published 03/25/2019, 04:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 3.01%
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Investing.com – Japan stocks were lower after the close on Monday, as losses in the Chemical, Petroleum & Plastic, Shipbuilding and Pharmaceutical Industry sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 3.01% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were Mitsubishi Logistics Corp. (T:9301), which rose 0.75% or 22.0 points to trade at 2973.0 at the close. Meanwhile, Tokyo Tatemono Co., Ltd. (T:8804) added 0.38% or 5.0 points to end at 1328.0 and Pioneer Corp. (T:6773) was unchanged 0.00% or 0.0 points to 65.0 in late trade.

The worst performers of the session were Eisai Co., Ltd. (T:4523), which fell 19.83% or 1500.0 points to trade at 6065.0 at the close. Aozora Bank, Ltd. (T:8304) declined 7.91% or 248.5 points to end at 2891.5 and Dainippon Screen Mfg. Co., Ltd. (T:7735) was down 6.40% or 302.5 points to 4422.5.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3202 to 441 and 112 ended unchanged.

Shares in Eisai Co., Ltd. (T:4523) fell to 52-week lows; down 19.83% or 1500.0 to 6065.0. Shares in Aozora Bank, Ltd. (T:8304) fell to 3-years lows; losing 7.91% or 248.5 to 2891.5.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 2.03% to 15.44 a new 6-months low.

Crude oil for May delivery was down 0.53% or 0.31 to $58.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.42% or 0.28 to hit $66.47 a barrel, while the June Gold Futures contract rose 0.37% or 4.90 to trade at $1323.60 a troy ounce.

USD/JPY was up 0.14% to 110.06, while EUR/JPY unchanged 0.00% to 124.41.

The US Dollar Index Futures was down 0.05% at 96.105.

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