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Japan shares lower at close of trade; Nikkei 225 down 1.18%

Published 26/08/2016, 07:55
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 1.18%
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Investing.com – Japan equities were lower at the close on Friday, as losses in the Insurance, Transportation Equipment and Shipbuilding sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 declined 1.18%.

The biggest gainers of the session on the Nikkei 225 were Showa Denko K.K. (T:4004), which rose 4.48% or 49.0 points to trade at 1142.0 at the close. Taiheiyo Cement Corp. (T:5233) added 3.87% or 11.0 points to end at 295.5 and JFE Holdings, Inc. (T:5411) was up 2.70% or 40.0 points to 1523.0 in late trade.

Biggest losers included Terumo Corp. (T:4543), which lost 4.93% or 210.0 points to trade at 4050.0 in late trade. Toyobo Co., Ltd. (T:3101) declined 4.71% or 8.0 points to end at 162.0 and Chugai Pharmaceutical Co., Ltd. (T:4519) shed 4.01% or 135.0 points to 3235.0.

Declining stocks outnumbered rising ones by 1586 to 361 and 111 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 3.44% to 23.78.

In commodities trading, Crude oil for October delivery was down 0.19% or 0.09 to $47.24 a barrel. Meanwhile, Brent oil for delivery in October fell 0.40% or 0.20 to hit $49.47 a barrel, while the December Gold contract rose 0.22% or 2.85 to trade at $1327.45 a troy ounce.

USD/JPY was down 0.08% to 100.45, while EUR/JPY rose 0.06% to 113.52.

The US Dollar Index was down 0.14% at 94.55.

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