Investing.com – Japan equities were lower at the close on Thursday, as losses in the Rubber, Glass and Financial Services sectors propelled shares lower.
At the close in Tokyo, the Nikkei 225 fell 3.05% to hit a new 3-month low.
The biggest gainers of the session on the Nikkei 225 were The Japan Steel Works, Ltd. (T:5631), which rose 0.43% or 2.0 points to trade at 462.0 at the close. Resona Holdings, Inc. (T:8308) added 0.26% or 1.0 points to end at 378.8 and Tokyo Gas Co., Ltd. (T:9531) was down 0.33% or 1.4 points to 421.6 in late trade.
Biggest losers included Nitto Denko Co (T:6988), which lost 7.21% or 495.0 points to trade at 6368.0 in late trade. The Yokohama Rubber Co., Ltd. (T:5101) declined 7.18% or 104.0 points to end at 1345.0 and IHI Corp. (T:7013) shed 6.83% or 19.0 points to 259.0.
Declining stocks outnumbered rising ones by 1922 to 57 and 18 ended unchanged on the Tokyo Stock Exchange.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 5.21% to 35.56 a new 3-month high.
In commodities trading, Crude oil for July delivery was down 1.10% or 0.53 to $47.48 a barrel. Meanwhile, Brent oil for delivery in August fell 0.94% or 0.46 to hit $48.51 a barrel, while the August Gold contract rose 1.98% or 25.55 to trade at $1313.85 a troy ounce.
USD/JPY was down 2.12% to 103.76, while EUR/JPY fell 1.85% to 117.17.
The US Dollar Index was down 0.40% at 94.29.