Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Financial Services, Power and Shipbuilding sectors led shares lower.
At the close in Tokyo, the Nikkei 225 lost 2.43% to hit a new 52-week low.
The best performers of the session on the Nikkei 225 were Sharp Corp. (T:6753), which rose 5.79% or 7.0 points to trade at 128.0 at the close. Meanwhile, Asahi Glass Co., Ltd. (T:5201) added 5.02% or 32.0 points to end at 670.0 and Nippon Electric Glass Co., Ltd. (T:5214) was up 3.75% or 20.0 points to 554.0 in late trade.
The worst performers of the session were Yaskawa Electric Corp. (T:6506), which fell 7.99% or 110.0 points to trade at 1267.0 at the close. Unitika, Ltd. (T:3103) declined 6.38% or 3.0 points to end at 44.0 and Casio Computer Co., Ltd. (T:6952) was down 6.33% or 154.0 points to 2279.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1824 to 65.
Shares in Unitika, Ltd. (T:3103) fell to 52-week lows; falling 6.38% or 3.0 to 44.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 11.93% to 42.78 a new 3-months high.
Crude oil for March delivery was down 0.83% or 0.23 to $28.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.40% or 0.11 to hit $27.71 a barrel, while the February Gold contract fell 0.30% or 3.30 to trade at $1102.90 a troy ounce.
USD/JPY was down 0.21% to 116.69, while EUR/JPY fell 0.08% to 127.22.
The US Dollar Index was down 0.09% at 99.08.