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Japan shares lower at close of trade; Nikkei 225 down 1.82%

Published 18/12/2018, 08:35
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 1.82%
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Investing.com – Japan equities were lower at the close on Tuesday, as losses in the Real Estate, Services and Pharmaceutical Industry sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 declined 1.82% to hit a new 6-month low.

The biggest gainers of the session on the Nikkei 225 were Showa Shell Sekiyu K.K. (T:5002), which rose 2.21% or 34.0 points to trade at 1574.0 at the close. Toho Zinc Co., Ltd. (T:5707) added 2.05% or 70.0 points to end at 3480.0 and Tosoh Corp. (T:4042) was up 1.81% or 26.0 points to 1461.0 in late trade.

Biggest losers included Takeda Pharmaceutical Co., Ltd. (T:4502), which lost 8.95% or 353.0 points to trade at 3590.0 in late trade. Kikkoman Corp. (T:2801) declined 6.69% or 450.0 points to end at 6280.0 and Astellas Pharma Inc. (T:4503) shed 6.38% or 106.0 points to 1554.5.

Declining stocks outnumbered rising ones by 3367 to 293 and 78 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 4.79% to 20.65.

In commodities trading, Crude oil for February delivery was down 1.65% or 0.83 to $49.37 a barrel. Meanwhile, Brent oil for delivery in February fell 1.66% or 0.99 to hit $58.62 a barrel, while the February Gold Futures contract rose 0.03% or 0.40 to trade at $1252.20 a troy ounce.

USD/JPY was down 0.27% to 112.52, while EUR/JPY fell 0.07% to 127.95.

The US Dollar Index Futures was down 0.13% at 96.425.

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