Japan stocks lower at close of trade; Nikkei 225 down 0.48%

Investing.com – Japan stocks were lower after the close on Tuesday, as losses in the Power, Shipbuilding and Steel sectors led shares lower.

At the close in Tokyo, the Nikkei 225 lost 0.48%.

The best performers of the session on the Nikkei 225 were Pacific Metals Co., Ltd. (TYO:5541), which rose 4.83% or 94.00 points to trade at 2,041.00 at the close. Meanwhile, Takashimaya Co., Ltd. (TYO:8233) added 3.66% or 63.00 points to end at 1,782.00 and Isetan Mitsukoshi Holdings Ltd. (TYO:3099) was up 3.32% or 42.00 points to 1,306.00 in late trade.

The worst performers of the session were Eisai Co., Ltd. (TYO:4523), which fell 6.22% or 596.00 points to trade at 8,988.00 at the close. Alps Electric Co., Ltd. (TYO:6770) declined 3.27% or 44.00 points to end at 1,303.00 and Taiyo Yuden Co., Ltd. (TYO:6976) was down 2.68% or 120.00 points to 4,355.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2207 to 1305 and 284 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 5.95% to 18.53.

Crude oil for January delivery was up 1.57% or 1.21 to $78.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.79% or 1.50 to hit $85.39 a barrel, while the December Gold Futures contract rose 0.62% or 10.75 to trade at $1,751.05 a troy ounce.

USD/JPY was down 0.36% to 138.45, while EUR/JPY fell 0.13% to 143.43.

The US Dollar Index Futures was down 0.27% at 106.34.