Japan stocks lower at close of trade; Nikkei 225 down 1.68%

Investing.com – Japan stocks were lower after the close on Friday, as losses in the Power, Railway&Bus and Precision Instruments sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 1.68%.

The best performers of the session on the Nikkei 225 were Mitsubishi Motors Corp. (TYO:7211), which rose 18.01% or 94.00 points to trade at 616.00 at the close. Meanwhile, Konica Minolta, Inc. (TYO:4902) added 8.86% or 41.00 points to end at 504.00 and Mitsubishi Heavy Industries, Ltd. (TYO:7011) was up 4.41% or 227.00 points to 5,369.00 in late trade.

The worst performers of the session were Z Holdings Corp (TYO:4689), which fell 14.18% or 56.20 points to trade at 340.00 at the close. AGC Inc (TYO:5201) declined 9.33% or 435.00 points to end at 4,225.00 and Nippon Suisan Kaisha, Ltd. (TYO:1332) was down 8.59% or 47.00 points to 500.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2531 to 980 and 274 ended unchanged.

Shares in Z Holdings Corp (TYO:4689) fell to 52-week lows; losing 14.18% or 56.20 to 340.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 0.73% to 21.88 a new 1-month low.

Crude oil for December delivery was up 2.14% or 1.89 to $90.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.91% or 1.81 to hit $96.48 a barrel, while the December Gold Futures contract rose 1.14% or 18.55 to trade at $1,649.45 a troy ounce.

USD/JPY was down 0.23% to 147.93, while EUR/JPY rose 0.00% to 144.59.

The US Dollar Index Futures was down 0.27% at 112.50.