Japan stocks lower at close of trade; Nikkei 225 down 1.36%

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

At the close in Tokyo, the Nikkei 225 declined 1.36% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were Japan Steel Works Ltd (TYO:5631), which rose 4.11% or 125.00 points to trade at 3,170.00 at the close. Meanwhile, Kawasaki Kisen Kaisha, Ltd. (TYO:9107) added 2.17% or 160.00 points to end at 7,540.00 and Kobe Steel, Ltd. (TYO:5406) was up 1.86% or 12.00 points to 658.00 in late trade.

The worst performers of the session were Unitika, Ltd. (TYO:3103), which fell 7.51% or 22.00 points to trade at 271.00 at the close. Pacific Metals Co., Ltd. (TYO:5541) declined 4.61% or 113.00 points to end at 2,337.00 and Daikin Industries, Ltd. (TYO:6367) was down 3.94% or 950.00 points to 23,145.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2732 to 801 and 244 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.09% to 21.25.

Crude oil for November delivery was up 2.79% or 2.34 to $86.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 2.68% or 2.43 to hit $93.05 a barrel, while the December Gold Futures contract rose 0.49% or 8.25 to trade at $1,679.35 a troy ounce.

USD/JPY was down 0.07% to 143.63, while EUR/JPY fell 0.70% to 142.27.

The US Dollar Index Futures was up 0.43% at 110.42.