Investing.com – Japan stocks were lower after the close on Friday, as losses in the Transport, Power and Finance & Investment sectors led shares lower.
At the close in Tokyo, the Nikkei 225 declined 4.66% to hit a new 3-months low.
The best performers of the session on the Nikkei 225 were The Kansai Electric Power Co. (T:9503), which rose 1.11% or 14.5 points to trade at 1321.5 at the close. Meanwhile, Japan Tobacco Inc (T:2914) added 0.09% or 2.5 points to end at 2838.5 and Tokyo Dome Corp. (T:9681) was down 0.51% or 5.0 points to 973.0 in late trade.
The worst performers of the session were Ebara Corp. (T:6361), which fell 8.05% or 315.0 points to trade at 3600.0 at the close. Showa Denko K.K. (T:4004) declined 7.92% or 360.0 points to end at 4185.0 and Yamaha Motor Co Ltd (T:7272) was down 7.85% or 255.0 points to 2995.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3411 to 135 and 44 ended unchanged.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 6.27% to 20.64 a new 1-month low.
Crude oil for May delivery was up 1.09% or 0.70 to $65.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.94% or 0.65 to hit $69.56 a barrel, while the April Gold Futures contract rose 1.00% or 13.30 to trade at $1340.70 a troy ounce.
USD/JPY was down 0.31% to 104.95, while EUR/JPY fell 0.16% to 129.31.
The US Dollar Index Futures was down 0.18% at 89.31.