Japan stocks lower at close of trade; Nikkei 225 down 1.11%

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

At the close in Tokyo, the Nikkei 225 declined 1.11%.

The best performers of the session on the Nikkei 225 were Fukuoka Financial Group, Inc. (TYO:8354), which rose 4.25% or 108.00 points to trade at 2,650.00 at the close. Meanwhile, Resona Holdings, Inc. (TYO:8308) added 3.57% or 19.00 points to end at 551.40 and Shizuoka Bank Ltd (TYO:8355) was up 3.52% or 29.00 points to 852.00 in late trade.

The worst performers of the session were Kawasaki Kisen Kaisha, Ltd. (TYO:9107), which fell 5.10% or 410.00 points to trade at 7,630.00 at the close. Nippon Express Co., Ltd. (TYO:9147) declined 4.99% or 380.00 points to end at 7,240.00 and Trend Micro Inc. (TYO:4704) was down 4.76% or 400.00 points to 8,010.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2499 to 1063 and 228 ended unchanged.

Shares in Fukuoka Financial Group, Inc. (TYO:8354) rose to 3-years highs; up 4.25% or 108.00 to 2,650.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 2.47% to 20.18.

Crude oil for October delivery was up 0.38% or 0.32 to $85.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.66% or 0.60 to hit $91.44 a barrel, while the December Gold Futures contract fell 0.54% or 9.05 to trade at $1,668.25 a troy ounce.

USD/JPY was down 0.12% to 143.35, while EUR/JPY fell 0.25% to 143.14.

The US Dollar Index Futures was up 0.15% at 109.61.