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Japan shares lower at close of trade; Nikkei 225 down 2.53%

Published 2022-05-09, 03:35 a/m
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 2.53%
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Investing.com – Japan equities were lower at the close on Monday, as losses in the Gas & Water, Construction and Services sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 declined 2.53% to hit a new 1-month low.

The biggest gainers of the session on the Nikkei 225 were Kawasaki Kisen Kaisha, Ltd. (TYO:9107), which rose 7.82% or 560.00 points to trade at 7,720.00 at the close. Tokyo Gas Co., Ltd. (TYO:9531) added 2.70% or 66.00 points to end at 2,509.00 and Alps Electric Co., Ltd. (TYO:6770) was up 2.49% or 33.00 points to 1,356.00 in late trade.

Biggest losers included Japan Steel Works Ltd (TYO:5631), which lost 18.79% or 700.00 points to trade at 3,025.00 in late trade. Konami Corp. (TYO:9766) declined 7.19% or 590.00 points to end at 7,620.00 and JFE Holdings, Inc. (TYO:5411) shed 7.09% or 113.00 points to 1,481.00.

Declining stocks outnumbered rising ones by 2889 to 683 and 200 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 11.01% to 27.83 a new 1-month high.

In commodities trading, Crude oil for June delivery was down 1.26% or 1.38 to $108.39 a barrel. Meanwhile, Brent oil for delivery in July fell 1.09% or 1.22 to hit $111.17 a barrel, while the June Gold Futures contract fell 0.69% or 12.91 to trade at $1,869.89 a troy ounce.

USD/JPY was up 0.44% to 131.13, while EUR/JPY rose 0.23% to 138.06.

The US Dollar Index Futures was up 0.23% at 103.93.

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