Japan stocks lower at close of trade; Nikkei 225 down 1.04%

Investing.com – Japan stocks were lower after the close on Friday, as losses in the Shipbuilding , Power and Insurance sectors led shares lower.

At the close in Tokyo, the Nikkei 225 lost 1.04%.

The best performers of the session on the Nikkei 225 were Advantest Corp. (TYO:6857 ), which rose 5.12% or 506.00 points to trade at 10,380.00 at the close. Meanwhile, Seven & i Holdings Co., Ltd. (TYO:3382 ) added 4.86% or 115.50 points to end at 2,490.00 and Furukawa Electric Co., Ltd. (TYO:5801 ) was up 3.48% or 244.00 points to 7,259.00 in late trade.

The worst performers of the session were Mitsui Mining and Smelting Co. (TYO:5706 ), which fell 6.80% or 330.00 points to trade at 4,524.00 at the close. Fast Retailing Co., Ltd. (TYO:9983 ) declined 6.53% or 3,400.00 points to end at 48,700.00 and Otsuka Holdings Ltd (TYO:4578 ) was down 4.17% or 351.00 points to 8,063.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2229 to 1341 and 298 ended unchanged.

Shares in Advantest Corp. (TYO:6857 ) rose to all time highs; rising 5.12% or 506.00 to 10,380.00.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was up 11.56% to 24.31 a new 1-month high.

Crude oil for February delivery was up 0.65% or 0.48 to $74.40 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.65% or 0.50 to hit $77.42 a barrel, while the February Gold Futures contract rose 0.44% or 11.80 to trade at $2,702.60 a troy ounce.

USD/JPY was up 0.15% to 158.31, while EUR/JPY fell 0.01% to 162.83.

The US Dollar Index Futures was up 0.17% at 109.18.

Source: Investing.com