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Japan stocks lower at close of trade; Nikkei 225 down 3.11%

Published 01/27/2022, 02:35 AM
© Reuters Japan stocks lower at close of trade; Nikkei 225 down 3.11%
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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 fell 3.11% to hit a new 52-week low.

The best performers of the session on the Nikkei 225 were Fukuoka Financial Group, Inc. (T:8354), which rose 1.87% or 41.0 points to trade at 2237.0 at the close. Meanwhile, Dai-ichi Life Holdings Inc (T:8750) added 1.62% or 41.0 points to end at 2567.5 and Sumitomo Osaka Cement Co., Ltd. (T:5232) was up 1.59% or 55.0 points to 3520.0 in late trade.

The worst performers of the session were CyberAgent Inc (T:4751), which fell 16.01% or 270.0 points to trade at 1416.0 at the close. Softbank Group Corp. (T:9984) declined 9.00% or 464.0 points to end at 4692.0 and Recruit Holdings Co Ltd (T:6098) was down 7.25% or 398.0 points to 5090.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3411 to 302 and 89 ended unchanged.

Shares in CyberAgent Inc (T:4751) fell to 52-week lows; losing 16.01% or 270.0 to 1416.0. Shares in Softbank Group Corp. (T:9984) fell to 52-week lows; down 9.00% or 464.0 to 4692.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 27.58.

Crude oil for March delivery was down 0.53% or 0.46 to $86.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.46% or 0.41 to hit $88.33 a barrel, while the February Gold Futures contract fell 0.97% or 17.75 to trade at $1811.95 a troy ounce.

USD/JPY was up 0.05% to 114.68, while EUR/JPY fell 0.16% to 128.61.

The US Dollar Index Futures was up 0.32% at 96.707.

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