Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Rubber, Glass and Financial Services sectors led shares lower.
At the close in Tokyo, the Nikkei 225 fell 3.05% to hit a new 3-months low.
The best performers 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. Meanwhile, 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.
The worst performers of the session were Nitto Denko Co (T:6988), which fell 7.21% or 495.0 points to trade at 6368.0 at the close. The Yokohama Rubber Co., Ltd. (T:5101) declined 7.18% or 104.0 points to end at 1345.0 and IHI Corp. (T:7013) was down 6.83% or 19.0 points to 259.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1922 to 57 and 18 ended unchanged.
Shares in The Yokohama Rubber Co., Ltd. (T:5101) fell to 3-years lows; falling 7.18% or 104.0 to 1345.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 5.21% to 35.56 a new 3-months high.
Crude oil for July delivery was down 1.15% or 0.55 to $47.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.98% or 0.48 to hit $48.49 a barrel, while the August Gold contract rose 1.99% or 25.65 to trade at $1313.95 a troy ounce.
USD/JPY was down 2.10% to 103.78, while EUR/JPY fell 1.84% to 117.18.
The US Dollar Index was down 0.40% at 94.29.