Japan stocks lower at close of trade; Nikkei 225 down 0.23%

Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Shipbuilding, Precision Instruments and Gas&Water sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 0.23%.

The best performers of the session on the Nikkei 225 were Yokohama Rubber Co Ltd (TYO:5101), which rose 5.23% or 152.50 points to trade at 3,070.00 at the close. Meanwhile, East Japan Railway Co. (TYO:9020) added 3.49% or 296.00 points to end at 8,771.00 and Kawasaki Kisen Kaisha, Ltd. (TYO:9107) was up 3.41% or 180.00 points to 5,455.00 in late trade.

The worst performers of the session were Mitsui Engineering&Shipbuilding (TYO:7003), which fell 3.42% or 22.00 points to trade at 622.00 at the close. IHI Corp. (TYO:7013) declined 3.05% or 97.00 points to end at 3,088.00 and Taisei Corp. (TYO:1801) was down 2.80% or 145.00 points to 5,031.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2046 to 1538 and 270 ended unchanged.

Shares in East Japan Railway Co. (TYO:9020) rose to 3-years highs; up 3.49% or 296.00 to 8,771.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 3.96% to 16.23 a new 3-months low.

Crude oil for October delivery was up 0.50% or 0.44 to $89.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.39% or 0.36 to hit $92.42 a barrel, while the December Gold Futures contract fell 0.10% or 1.85 to trade at $1,933.25 a troy ounce.

USD/JPY was up 0.15% to 147.29, while EUR/JPY rose 0.05% to 158.26.

The US Dollar Index Futures was down 0.02% at 104.32.