Japan stocks lower at close of trade; Nikkei 225 down 0.98%

Investing.com – Japan stocks were lower after the close on Tuesday, as losses in the Paper&Pulp, Transport and Railway&Bus sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 0.98%.

The best performers of the session on the Nikkei 225 were T&D Holdings, Inc. (TYO:8795), which rose 3.97% or 84.50 points to trade at 2,212.00 at the close. Meanwhile, Resona Holdings, Inc. (TYO:8308) added 3.88% or 26.80 points to end at 718.00 and Rakuten Inc (TYO:4755) was up 3.63% or 18.10 points to 516.90 in late trade.

The worst performers of the session were Daiichi Sankyo Co., Ltd. (TYO:4568), which fell 14.81% or 678.00 points to trade at 3,900.00 at the close. Nisshin Seifun Group Inc. (TYO:2002) declined 3.76% or 66.50 points to end at 1,702.50 and Astellas Pharma Inc. (TYO:4503) was down 2.84% or 61.00 points to 2,083.50.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1984 to 1622 and 254 ended unchanged.

Shares in T&D Holdings, Inc. (TYO:8795) rose to 5-year highs; rising 3.97% or 84.50 to 2,212.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 2.41% to 19.57.

Crude oil for August delivery was up 0.89% or 0.62 to $70.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.84% or 0.63 to hit $75.28 a barrel, while the August Gold Futures contract rose 0.25% or 4.90 to trade at $1,934.40 a troy ounce.

USD/JPY was down 0.10% to 144.51, while EUR/JPY fell 0.18% to 157.61.

The US Dollar Index Futures was down 0.01% at 102.64.