Investing.com
Published May 31, 2019 03:35AM ET
Japan stocks lower at close of trade; Nikkei 225 down 1.63%
Investing.com – Japan stocks were lower after the close on Friday, as losses in the Paper & Pulp, Food and Pharmaceutical Industry sectors led shares lower.
At the close in Tokyo, the Nikkei 225 declined 1.63% to hit a new 3-months low.
The best performers of the session on the Nikkei 225 were Rakuten Inc (T:4755), which rose 1.98% or 22.0 points to trade at 1135.0 at the close. Meanwhile, Yahoo Japan Corp. (T:4689) added 1.62% or 5.0 points to end at 313.0 and Odakyu Electric Railway Co., Ltd. (T:9007) was up 1.02% or 27.0 points to 2680.0 in late trade.
The worst performers of the session were Chiyoda Corp. (T:6366), which fell 7.94% or 25.0 points to trade at 290.0 at the close. Mazda Motor Corp (T:7261) declined 7.03% or 80.3 points to end at 1062.7 and Nissan Motor Co., Ltd. (T:7201) was down 5.39% or 41.8 points to 734.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2754 to 750 and 196 ended unchanged.
Shares in Mazda Motor Corp (T:7261) fell to 5-year lows; falling 7.03% or 80.3 to 1062.7. Shares in Nissan Motor Co., Ltd. (T:7201) fell to 5-year lows; losing 5.39% or 41.8 to 734.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 4.58% to 18.49.
Crude oil for July delivery was down 0.76% or 0.43 to $56.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.93% or 0.61 to hit $64.72 a barrel, while the June Gold Futures contract rose 0.56% or 7.20 to trade at $1294.30 a troy ounce.
USD/JPY was down 0.71% to 108.83, while EUR/JPY fell 0.64% to 121.20.
The US Dollar Index Futures was down 0.08% at 97.977.
Written By: Investing.com
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