Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Precision Instruments, Machinery and Shipbuilding sectors led shares lower.
At the close in Tokyo, the Nikkei 225 declined 2.33% to hit a new 3-months low.
The best performers of the session on the Nikkei 225 were Tokyo Electric Power Co., Inc. (T:9501), which rose 1.47% or 10.0 points to trade at 691.0 at the close. Meanwhile, Meiji Holdings Co., Ltd. (T:2269) added 1.37% or 130.0 points to end at 9640.0 and Furukawa Electric Co., Ltd. (T:5801) was up 1.12% or 3.0 points to 272.0 in late trade.
The worst performers of the session were Dainippon Screen Mfg. Co., Ltd. (T:7735), which fell 8.42% or 74.0 points to trade at 805.0 at the close. Nitto Denko Co (T:6988) declined 8.34% or 688.0 points to end at 7565.0 and IHI Corp. (T:7013) was down 6.43% or 20.0 points to 291.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1639 to 249 and 1 ended unchanged.
Shares in IHI Corp. (T:7013) fell to 52-week lows; down 6.43% or 20.0 to 291.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 12.83% to 27.88 a new 1-month high.
Crude oil for February delivery was down 3.78% or 1.28 to $32.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 4.18% or 1.44 to hit $32.90 a barrel, while the February Gold contract rose 0.72% or 7.90 to trade at $1099.80 a troy ounce.
USD/JPY was down 0.41% to 118.00, while EUR/JPY fell 0.12% to 127.59.
The US Dollar Index was down 0.18% at 99.10.