Japan stocks lower at close of trade; Nikkei 225 down 1.77%
2022.05.12 10:43
Japan stocks lower at close of trade; Nikkei 225 down 1.77%
Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Mining, Chemical, Petroleum & Plastic and Shipbuilding sectors led shares lower.
At the close in Tokyo, the Nikkei 225 lost 1.77% to hit a new 1-month low.
The best performers of the session on the Nikkei 225 were Kobe Steel, Ltd. (TYO:5406), which rose 15.73% or 87.00 points to trade at 640.00 at the close. Meanwhile, Hitachi Zosen Corp. (TYO:7004) added 14.64% or 100.00 points to end at 783.00 and Japan Steel Works Ltd (TYO:5631) was up 14.62% or 384.00 points to 3,010.00 in late trade.
The worst performers of the session were Oki Electric Industry Co., Ltd. (TYO:6703), which fell 9.93% or 86.00 points to trade at 780.00 at the close. NTT Data Corp. (TYO:9613) declined 9.85% or 224.00 points to end at 2,050.00 and Softbank Group Corp. (TYO:9984) was down 8.03% or 392.00 points to 4,491.00.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2932 to 673 and 148 ended unchanged.
Shares in Oki Electric Industry Co., Ltd. (TYO:6703) fell to 5-year lows; losing 9.93% or 86.00 to 780.00.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 2.14% to 29.71.
Crude oil for June delivery was down 2.41% or 2.55 to $103.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 2.20% or 2.36 to hit $105.15 a barrel, while the June Gold Futures contract fell 0.26% or 4.90 to trade at $1,848.80 a troy ounce.
USD/JPY was down 0.85% to 128.85, while EUR/JPY fell 1.29% to 134.84.
The US Dollar Index Futures was up 0.41% at 104.31.
