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Japan stocks lower at close of trade; Nikkei 225 down 0.65%

Published 08/06/2019, 03:35 AM
© Reuters.  Japan stocks lower at close of trade; Nikkei 225 down 0.65%

Investing.com – Japan stocks were lower after the close on Tuesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 0.65% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were Subaru Corp (T:7270), which rose 8.09% or 206.5 points to trade at 2760.0 at the close. Meanwhile, The Japan Steel Works, Ltd. (T:5631) added 6.87% or 115.0 points to end at 1788.0 and Chiyoda Corp. (T:6366) was up 4.88% or 14.0 points to 301.0 in late trade.

The worst performers of the session were Maruha Nichiro Corp (T:1333), which fell 7.46% or 225.0 points to trade at 2790.0 at the close. Hitachi Zosen Corp. (T:7004) declined 6.42% or 24.0 points to end at 350.0 and Kajima Corp. (T:1812) was down 5.10% or 69.0 points to 1285.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2206 to 1320 and 204 ended unchanged.

Shares in Maruha Nichiro Corp (T:1333) fell to 52-week lows; losing 7.46% or 225.0 to 2790.0. Shares in Kajima Corp. (T:1812) fell to 3-years lows; down 5.10% or 69.0 to 1285.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 21.41 a new 1-month high.

Crude oil for September delivery was up 0.79% or 0.43 to $55.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.65% or 0.39 to hit $60.20 a barrel, while the December Gold Futures contract fell 0.30% or 4.45 to trade at $1472.05 a troy ounce.

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USD/JPY was up 0.58% to 106.56, while EUR/JPY rose 0.62% to 119.41.

The US Dollar Index Futures was up 0.01% at 97.317.

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