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Japan shares lower at close of trade; Nikkei 225 down 0.49%

Published 2020-05-13, 03:35 a/m
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 0.49%
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Investing.com – Japan equities were lower at the close on Wednesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 declined 0.49%.

The biggest gainers of the session on the Nikkei 225 were Shionogi & Co., Ltd. (T:4507), which rose 10.60% or 584.0 points to trade at 6091.0 at the close. NEC Corp. (T:6701) added 6.49% or 285.0 points to end at 4675.0 and The Yokohama Rubber Co., Ltd. (T:5101) was up 5.95% or 83.0 points to 1478.0 in late trade.

Biggest losers included Mitsui Engineering & Shipbuilding (T:7003), which lost 12.76% or 79.0 points to trade at 540.0 in late trade. Pacific Metals Co., Ltd. (T:5541) declined 6.52% or 105.0 points to end at 1506.0 and Konica Minolta, Inc. (T:4902) shed 5.93% or 24.0 points to 381.0.

Declining stocks outnumbered rising ones by 1884 to 1662 and 195 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 28.01 a new 1-month low.

In commodities trading, Crude oil for June delivery was down 1.63% or 0.42 to $25.36 a barrel. Meanwhile, Brent oil for delivery in July fell 2.87% or 0.86 to hit $29.12 a barrel, while the June Gold Futures contract fell 0.09% or 1.50 to trade at $1705.30 a troy ounce.

USD/JPY was down 0.11% to 107.02, while EUR/JPY fell 0.14% to 116.03.

The US Dollar Index Futures was up 0.08% at 100.037.

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