Investing.com – Japan equities were lower at the close on Wednesday, as losses in the Shipbuilding, Glass and Insurance sectors propelled shares lower.
At the close in Tokyo, the Nikkei 225 lost 1.76%.
The biggest gainers of the session on the Nikkei 225 were Nippon Meat Packers, Inc. (T:2282), which rose 9.35% or 236.0 points to trade at 2759.0 at the close. Showa Denko K.K. (T:4004) added 8.52% or 116.0 points to end at 1477.0 and Yahoo Japan Corp. (T:4689) was up 3.97% or 16.0 points to 419.5 in late trade.
Biggest losers included NTN Corp. (T:6472), which lost 14.14% or 57.0 points to trade at 346.0 in late trade. Sumitomo Electric Industries Ltd. (T:5802) declined 11.58% or 179.5 points to end at 1370.0 and NSK Ltd. (T:6471) shed 8.26% or 96.0 points to 1066.0.
Declining stocks outnumbered rising ones by 2733 to 364 and 191 ended unchanged on the Tokyo Stock Exchange.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 15.37% to 22.59 a new 1-month high.
In commodities trading, Crude oil for December delivery was down 0.75% or 0.35 to $46.32 a barrel. Meanwhile, Brent oil for delivery in January fell 0.64% or 0.31 to hit $47.83 a barrel, while the December Gold contract rose 0.55% or 7.05 to trade at $1295.05 a troy ounce.
USD/JPY was down 0.26% to 103.87, while EUR/JPY fell 0.17% to 114.94.
The US Dollar Index was down 0.08% at 97.68.