Japan stocks lower at close of trade; Nikkei 225 down 0.94%

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

At the close in Tokyo, the Nikkei 225 lost 0.94% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were Rakuten Inc (TYO:4755), which rose 2.24% or 13.00 points to trade at 594.00 at the close. Meanwhile, Mitsui Fudosan Co., Ltd. (TYO:8801) added 2.09% or 49.50 points to end at 2,417.50 and CyberAgent Inc (TYO:4751) was up 1.83% or 21.00 points to 1,169.00 in late trade.

The worst performers of the session were Japan Tobacco Inc (TYO:2914), which fell 5.87% or 167.00 points to trade at 2,676.00 at the close. Showa Denko K.K. (TYO:4004) declined 4.68% or 99.00 points to end at 2,016.00 and Isetan Mitsukoshi Holdings Ltd. (TYO:3099) was down 4.37% or 65.00 points to 1,422.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2135 to 1435 and 225 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 0.36% to 19.51.

Crude oil for February delivery was down 1.06% or 0.84 to $78.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.13% or 0.95 to hit $83.04 a barrel, while the February Gold Futures contract fell 0.18% or 3.35 to trade at $1,812.45 a troy ounce.

USD/JPY was down 0.49% to 133.80, while EUR/JPY fell 0.43% to 142.04.

The US Dollar Index Futures was up 0.02% at 104.20.