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Japan shares lower at close of trade; Nikkei 225 down 2.49%

Published 2021-05-13, 03:35 a/m
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 2.49%
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Investing.com – Japan equities were lower at the close on Thursday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 declined 2.49% to hit a new 3-month low.

The biggest gainers of the session on the Nikkei 225 were Ube Industries, Ltd. (T:4208), which rose 5.64% or 127.0 points to trade at 2379.0 at the close. Mitsui Chemicals, Inc. (T:4183) added 5.34% or 185.0 points to end at 3650.0 and Asahi Kasei Corp. (T:3407) was up 5.11% or 59.0 points to 1214.0 in late trade.

Biggest losers included NEC Corp. (T:6701), which lost 14.05% or 840.0 points to trade at 5140.0 in late trade. JGC Corp. (T:1963) declined 13.36% or 164.0 points to end at 1064.0 and Softbank Group Corp. (T:9984) shed 7.77% or 713.0 points to 8467.0.

Declining stocks outnumbered rising ones by 2943 to 656 and 139 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 26.27 a new 1-month high.

In commodities trading, Crude oil for June delivery was down 1.48% or 0.98 to $65.10 a barrel. Meanwhile, Brent oil for delivery in July fell 1.41% or 0.98 to hit $68.34 a barrel, while the June Gold Futures contract fell 0.23% or 4.25 to trade at $1818.55 a troy ounce.

USD/JPY was up 0.00% to 109.66, while EUR/JPY rose 0.24% to 132.68.

The US Dollar Index Futures was down 0.06% at 90.632.

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