Japan stocks lower at close of trade; Nikkei 225 down 1.88%

Investing.com – Japan stocks were lower after the close on Tuesday, as losses in the Paper&Pulp, Retail and Chemical, Petroleum&Plastic sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 1.88% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were Toho Co., Ltd. (TYO:9602), which rose 7.40% or 368.00 points to trade at 5,323.00 at the close. Meanwhile, Nidec Corp (TYO:6594) added 6.87% or 436.00 points to end at 6,783.00 and Hoya Cor (TYO:7741) was up 2.76% or 470.00 points to 17,495.00 in late trade.

The worst performers of the session were J.Front Retailing Co., Ltd. (TYO:3086), which fell 9.15% or 151.50 points to trade at 1,506.50 at the close. Fujikura Ltd. (TYO:5803) declined 8.41% or 234.50 points to end at 2,557.50 and Isetan Mitsukoshi Holdings Ltd. (TYO:3099) was down 8.30% or 209.50 points to 2,311.50.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3225 to 518 and 130 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 3.67% to 19.97.

Crude oil for May delivery was up 0.42% or 0.36 to $85.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.38% or 0.34 to hit $90.44 a barrel, while the June Gold Futures contract rose 0.57% or 13.70 to trade at $2,396.70 a troy ounce.

USD/JPY was up 0.14% to 154.49, while EUR/JPY fell 0.05% to 163.84.

The US Dollar Index Futures was up 0.20% at 106.21.