Japan stocks lower at close of trade; Nikkei 225 down 0.88%

Investing.com

_news_article_title_published Jan 10, 2017 01:55AM ET

Japan stocks lower at close of trade; Nikkei 225 down 0.88%

Investing.com – Japan stocks were lower after the close on Tuesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower.

At the close in Tokyo, the Nikkei 225 lost 0.88%.

The best performers of the session on the Nikkei 225 were Sony Corp. (T:6758), which rose 2.35% or 78.0 points to trade at 3394.0 at the close. Meanwhile, Tokyo Electron Ltd. (T:8035) added 1.60% or 175.0 points to end at 11125.0 and Sumitomo Dainippon Pharma Co Ltd (T:4506) was up 1.59% or 33.0 points to 2105.0 in late trade.

The worst performers of the session were Nichirei Corp. (T:2871), which fell 3.75% or 95.0 points to trade at 2438.0 at the close. NKSJ Holdings, Inc. (T:8630) declined 3.51% or 143.0 points to end at 3936.0 and Yamato Holdings Co., Ltd. (T:9064) was down 3.32% or 83.0 points to 2419.5.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1587 to 1473 and 303 ended unchanged.

Shares in Sumitomo Dainippon Pharma Co Ltd (T:4506) rose to all time highs; rising 1.59% or 33.0 to 2105.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 19.96.

Crude oil for February delivery was down 0.06% or 0.03 to $51.93 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.04% or 0.02 to hit $54.92 a barrel, while the February Gold contract rose 0.02% or 0.25 to trade at $1185.15 a troy ounce.

USD/JPY was down 0.19% to 115.78, while EUR/JPY rose 0.02% to 122.68.

The US Dollar Index was down 0.14% at 101.78.

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