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Japan shares lower at close of trade; Nikkei 225 down 2.13%

Published 27/02/2020, 07:35
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 2.13%
JP225
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Investing.com – Japan equities were lower at the close on Thursday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 declined 2.13% to hit a new 3-month low.

The biggest gainers of the session on the Nikkei 225 were Kirin Holdings Co., Ltd. (T:2503), which rose 1.91% or 40.5 points to trade at 2159.0 at the close. Familymart Ltd (T:8028) added 1.13% or 27.0 points to end at 2422.0 and Olympus Corp. (T:7733) was up 0.77% or 15.5 points to 2020.0 in late trade.

Biggest losers included Shinsei Bank, Ltd. (T:8303), which lost 7.35% or 119.0 points to trade at 1500.0 in late trade. SUMCO Corp. (T:3436) declined 7.01% or 128.0 points to end at 1698.0 and The Chiba Bank, Ltd. (T:8331) shed 6.57% or 39.0 points to 555.0.

Declining stocks outnumbered rising ones by 3522 to 215 and 62 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 27.65 a new 52-week high.

In commodities trading, Crude oil for April delivery was down 1.17% or 0.57 to $48.16 a barrel. Meanwhile, Brent oil for delivery in May fell 1.21% or 0.64 to hit $52.17 a barrel, while the April Gold Futures contract rose 0.18% or 2.95 to trade at $1646.05 a troy ounce.

USD/JPY was down 0.21% to 110.19, while EUR/JPY rose 0.12% to 120.27.

The US Dollar Index Futures was down 0.08% at 98.858.

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