Investing.com – Japan stocks were lower after the close on Monday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower.
At the close in Tokyo, the Nikkei 225 lost 5.38% to hit a new 52-week low.
The best performers of the session on the Nikkei 225 were Nichirei Corp. (T:2871), which rose 2.46% or 68.0 points to trade at 2833.0 at the close. Meanwhile, Eisai Co., Ltd. (T:4523) added 2.35% or 184.0 points to end at 8026.0 and KDDI Corp. (T:9433) was up 0.78% or 25.0 points to 3242.0 in late trade.
The worst performers of the session were Mizuho Financial Group Inc (T:8411), which fell 13.14% or 18.0 points to trade at 119.0 at the close. Inpex Corp. (T:1605) declined 12.95% or 114.0 points to end at 766.0 and IHI Corp. (T:7013) was down 12.89% or 264.0 points to 1784.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3742 to 46 and 19 ended unchanged.
Shares in Mizuho Financial Group Inc (T:8411) fell to 5-year lows; falling 13.14% or 18.0 to 119.0. Shares in Inpex Corp. (T:1605) fell to 3-years lows; down 12.95% or 114.0 to 766.0. Shares in IHI Corp. (T:7013) fell to 3-years lows; down 12.89% or 264.0 to 1784.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 36.41.
Crude oil for April delivery was down 27.11% or 11.19 to $30.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 25.27% or 11.44 to hit $33.83 a barrel, while the April Gold Futures contract rose 0.70% or 11.70 to trade at $1684.10 a troy ounce.
USD/JPY was down 3.13% to 102.00, while EUR/JPY fell 1.60% to 116.98.
The US Dollar Index Futures was down 1.26% at 94.727.