Japan stocks lower at close of trade; Nikkei 225 down 0.85%

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

At the close in Tokyo, the Nikkei 225 declined 0.85%.

The best performers of the session on the Nikkei 225 were Konica Minolta, Inc. (TYO:4902 ), which rose 11.22% or 53.80 points to trade at 533.30 at the close. Meanwhile, Tokyo Tatemono Co., Ltd. (TYO:8804 ) added 6.10% or 141.50 points to end at 2,463.00 and Kirin Holdings Co., Ltd. (TYO:2503 ) was up 3.32% or 73.00 points to 2,273.00 in late trade.

The worst performers of the session were Recruit Holdings Co Ltd (TYO:6098 ), which fell 4.93% or 476.00 points to trade at 9,170.00 at the close. Mercari Inc (TYO:4385 ) declined 4.87% or 111.00 points to end at 2,166.00 and TOTO Ltd. (TYO:5332 ) was down 4.16% or 205.00 points to 4,718.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2805 to 805 and 246 ended unchanged.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was down 0.72% to 26.24.

Crude oil for December delivery was down 0.52% or 0.37 to $71.37 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.50% or 0.38 to hit $75.66 a barrel, while the December Gold Futures contract rose 0.17% or 4.65 to trade at $2,764.45 a troy ounce.

USD/JPY was up 0.75% to 152.19, while EUR/JPY rose 0.77% to 164.31.

The US Dollar Index Futures was up 0.14% at 104.06.

Source: Investing.com