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Japan shares lower at close of trade; Nikkei 225 down 0.55%

Published 2018-05-29, 04:35 a/m
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 0.55%
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Investing.com – Japan equities were lower at the close on Tuesday, as losses in the Chemical, Petroleum & Plastic, Mining and Shipbuilding sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 lost 0.55% to hit a new 1-month low.

The biggest gainers of the session on the Nikkei 225 were Tokai Carbon Co., Ltd. (T:5301), which rose 9.18% or 178.0 points to trade at 2118.0 at the close. Familymart Ltd (T:8028) added 2.33% or 260.0 points to end at 11410.0 and Showa Denko K.K. (T:4004) was up 1.70% or 75.0 points to 4495.0 in late trade.

Biggest losers included Nippon Paper Industries Co., Ltd. (T:3863), which lost 8.73% or 180.0 points to trade at 1882.0 in late trade. Minebea Mitsumi Inc (T:6479) declined 5.04% or 108.0 points to end at 2036.0 and Ricoh Co., Ltd. (T:7752) shed 4.08% or 41.0 points to 964.0.

Declining stocks outnumbered rising ones by 2532 to 846 and 184 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 5.14% to 14.95.

In commodities trading, Crude oil for July delivery was down 2.06% or 1.40 to $66.48 a barrel. Meanwhile, Brent oil for delivery in August fell 0.01% or 0.01 to hit $75.31 a barrel, while the June Gold Futures contract rose 0.04% or 0.50 to trade at $1304.20 a troy ounce.

USD/JPY was down 0.85% to 108.49, while EUR/JPY fell 1.59% to 125.17.

The US Dollar Index Futures was up 0.49% at 94.82.

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