NIKKEI

Japanese stocks down at close of trade

Japanese stocks fell after the close on Wednesday, as losses in the Electric Power, Transportation Equipment and Warehousing sectors led shares lower.

At the close in Tokyo, the Nikkei 225 was down 0.27%.

The best performer on the Nikkei 225 was Rakuten Inc (TYO:4755), which rose 5.73% or 49.90 points to trade at 920.10 at the close. Meanwhile, Mitsui Mining and Smelting Co. (TYO:5706) rose 4.29% or 199.00 points to close at 4,835.00 and Furukawa Electric Co., Ltd. (TYO:5801) gained 3.90% or 274.00 points to 7,302.00 in late trade.

The worst performer on the session was Tokio Marine Holdings, Inc. (TYO:8766), which plunged 4.06%, or 232.00 points, to close at 5,481.00. Japan Exchange Group Inc. (TYO:8697) dropped 3.93%, or 71.00 points, to close at 1,735.00 and Omron Cor. (TYO:6645) plunged 3.90%, or 200.00 points, to close at 4,933.00.

Declining issues outnumbered advancing ones on the Tokyo Stock Exchange, by 2,392 to 1,229, with 252 ending unchanged.

Furukawa Electric Co., Ltd. (TYO:5801) shares rose to a five-year high, up 3.90%, or 274.00, to 7,302.00.

Nikkei Volatility, which measures implied volatility of Nikkei 225 options, fell 4.35% to 21.79.

Source: Investing.com

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