Japan stocks lower at close of trade; Nikkei 225 down 1.11%
Investing.com – Japan stocks were lower after the close on Monday, as losses in the Banking, Shipbuilding and Insurance sectors led shares lower.
At the close in Tokyo, the Nikkei 225 declined 1.11%.
The best performers of the session on the Nikkei 225 were Kawasaki Kisen Kaisha, Ltd. (TYO:9107), which rose 2.24% or 75.00 points to trade at 3,425.00 at the close. Meanwhile, Mitsui O.S.K. Lines, Ltd. (TYO:9104) added 1.99% or 70.00 points to end at 3,590.00 and Kao Corp. (TYO:4452) was up 0.97% or 49.00 points to 5,080.00 in late trade.
The worst performers of the session were Mitsubishi Motors Corp. (TYO:7211), which fell 6.46% or 36.00 points to trade at 521.00 at the close. Mazda Motor Corp (TYO:7261) declined 5.96% or 78.00 points to end at 1,230.00 and Concordia Financial Group Ltd (TYO:7186) was down 5.29% or 30.00 points to 537.00.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3158 to 509 and 172 ended unchanged.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 0.28% to 17.89.
Crude oil for April delivery was up 0.53% or 0.41 to $77.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.50% or 0.41 to hit $83.19 a barrel, while the April Gold Futures contract rose 0.68% or 12.70 to trade at $1,879.90 a troy ounce.
USD/JPY was down 0.39% to 134.46, while EUR/JPY rose 0.41% to 144.26.
The US Dollar Index Futures was down 0.60% at 103.52.