Japan stocks lower at close of trade; Nikkei 225 down 0.40%

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

At the close in Tokyo, the Nikkei 225 fell 0.40%.

The best performers of the session on the Nikkei 225 were Kobe Steel, Ltd. (TYO:5406), which rose 12.48% or 197.50 points to trade at 1,779.50 at the close. Meanwhile, Kajima Corp. (TYO:1812) added 8.53% or 187.00 points to end at 2,378.00 and Yokogawa Electric Corp. (TYO:6841) was up 8.42% or 221.00 points to 2,844.50 in late trade.

The worst performers of the session were Daikin Industries, Ltd. (TYO:6367), which fell 11.39% or 3,215.00 points to trade at 25,020.00 at the close. Nikon Corp. (TYO:7731) declined 11.16% or 205.50 points to end at 1,636.00 and Trend Micro Inc. (TYO:4704) was down 7.79% or 519.00 points to 6,145.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2010 to 1580 and 260 ended unchanged.

Shares in Kobe Steel, Ltd. (TYO:5406) rose to 5-year highs; gaining 12.48% or 197.50 to 1,779.50. Shares in Kajima Corp. (TYO:1812) rose to 5-year highs; rising 8.53% or 187.00 to 2,378.00. Shares in Yokogawa Electric Corp. (TYO:6841) rose to all time highs; rising 8.42% or 221.00 to 2,844.50.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.18% to 20.13.

Crude oil for September delivery was up 0.23% or 0.19 to $83.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.19% or 0.16 to hit $86.33 a barrel, while the December Gold Futures contract rose 0.22% or 4.25 to trade at $1,964.15 a troy ounce.

USD/JPY was down 0.12% to 143.21, while EUR/JPY rose 0.05% to 157.17.

The US Dollar Index Futures was down 0.12% at 102.22.