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Japan shares lower at close of trade; Nikkei 225 down 1.09%

Published 2016-10-12, 02:55 a/m
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 1.09%
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Investing.com – Japan equities were lower at the close on Wednesday, as losses in the Insurance, Steel and Precision Instruments sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 fell 1.09%.

The biggest gainers of the session on the Nikkei 225 were Taisei Corp. (T:1801), which rose 1.39% or 10.5 points to trade at 764.0 at the close. Shinsei Bank, Ltd. (T:8303) added 1.25% or 2.0 points to end at 161.5 and JGC Corp. (T:1963) was up 1.05% or 19.0 points to 1834.0 in late trade.

Biggest losers included Toho Zinc Co., Ltd. (T:5707), which lost 5.51% or 20.0 points to trade at 343.0 in late trade. Denki Kagaku Kogyo K.K. (T:4061) declined 5.50% or 24.0 points to end at 412.0 and TDK Corp. (T:6762) shed 5.17% or 370.0 points to 6780.0.

Declining stocks outnumbered rising ones by 1631 to 338 and 99 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.84% to 20.52.

In commodities trading, Crude oil for November delivery was up 0.41% or 0.21 to $51.00 a barrel. Meanwhile, Brent oil for delivery in December rose 0.48% or 0.25 to hit $52.66 a barrel, while the December Gold contract rose 0.10% or 1.25 to trade at $1257.15 a troy ounce.

USD/JPY was up 0.08% to 103.59, while EUR/JPY rose 0.02% to 114.46.

The US Dollar Index was down 0.13% at 97.59.

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