NIKKEI

Japan stocks lower at close of trade; Nikkei 225 down 2.80%

Japan stocks were lower after the close on Friday, as losses in the Paper & Pulp, Transport and Communication sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 2.80% to hit a new 6-months low.

The best performers of the session on the Nikkei 225 were Nitori Holdings Co Ltd (TYO:9843), which rose 5.30% or 780.00 points to trade at 15,510.00 at the close. Meanwhile, KDDI Corp. (TYO:9433) added 4.70% or 107.00 points to end at 2,382.50 and Secom Co., Ltd. (TYO:9735) was up 4.33% or 215.00 points to 5,178.00 in late trade.

The worst performers of the session were Renesas Electronics Corp (TYO:6723), which fell 12.61% or 239.00 points to trade at 1,656.00 at the close. Fujikura Ltd. (TYO:5803) declined 12.26% or 600.00 points to end at 4,292.00 and Kawasaki Heavy Industries, Ltd. (TYO:7012) was down 11.83% or 993.00 points to 7,400.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3567 to 274 and 40 ended unchanged.

Shares in Renesas Electronics Corp (TYO:6723) fell to 52-week lows; falling 12.61% or 239.00 to 1,656.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.10% to 27.84.

Crude oil for May delivery was down 1.78% or 1.19 to $65.76 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.67% or 1.17 to hit $68.97 a barrel, while the June Gold Futures contract fell 0.11% or 3.55 to trade at $3,118.15 a troy ounce.

USD/JPY was down 0.08% to 145.95, while EUR/JPY fell 0.07% to 161.32.

The US Dollar Index Futures was down 0.08% at 101.71.

Source: Investing.com

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