Japan stocks lower at close of trade; Nikkei 225 down 2.79%

Investing.com – Japan stocks were lower after the close on Friday, as losses in the Transportation Equipment , Rubber and Pharmaceutical Industry sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 2.79%.

The best performers of the session on the Nikkei 225 were Mitsubishi Electric Corp (TYO:6503 ), which rose 14.18% or 338.50 points to trade at 2,726.00 at the close. Meanwhile, Panasonic Corp (TYO:6752 ) added 8.52% or 105.50 points to end at 1,343.50 and Asahi Kasei Corp. (TYO:3407 ) was up 6.37% or 67.50 points to 1,127.00 in late trade.

The worst performers of the session were Lasertec Corp (TYO:6920 ), which fell 16.44% or 3,860.00 points to trade at 19,615.00 at the close. Subaru Corp (TYO:7270 ) declined 11.50% or 320.00 points to end at 2,461.50 and Fujitsu Ltd. (TYO:6702 ) was down 9.04% or 268.00 points to 2,695.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2814 to 830 and 199 ended unchanged.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was down 11.79% to 25.97.

Crude oil for December delivery was up 1.92% or 1.33 to $70.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.79% or 1.30 to hit $74.11 a barrel, while the December Gold Futures contract rose 0.48% or 13.30 to trade at $2,762.60 a troy ounce.

USD/JPY was up 0.31% to 152.49, while EUR/JPY rose 0.21% to 165.82.

The US Dollar Index Futures was up 0.04% at 103.92.

Source: Investing.com