Japan stocks lower at close of trade; Nikkei 225 down 0.61%

Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Precision Instruments, Automobiles & Parts and Power sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 0.61%.

The best performers of the session on the Nikkei 225 were Sumitomo Electric Industries Ltd. (TYO:5802), which rose 6.53% or 176.50 points to trade at 2,880.00 at the close. Meanwhile, Mercari Inc (TYO:4385) added 6.16% or 111.00 points to end at 1,914.00 and Sapporo Holdings Ltd. (TYO:2501) was up 5.78% or 419.00 points to 7,669.00 in late trade.

The worst performers of the session were Kansai Electric Power Co Inc (TYO:9503), which fell 18.46% or 442.50 points to trade at 1,954.50 at the close. Toppan Printing Co., Ltd. (TYO:7911) declined 8.14% or 378.00 points to end at 4,265.00 and Sumitomo Dainippon Pharma Co Ltd (TYO:4506) was down 6.49% or 41.00 points to 591.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2383 to 1235 and 236 ended unchanged.

Shares in Sumitomo Electric Industries Ltd. (TYO:5802) rose to all time highs; up 6.53% or 176.50 to 2,880.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 2.66% to 23.08 a new 1-month low.

Crude oil for December delivery was down 0.72% or 0.49 to $67.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.64% or 0.46 to hit $71.82 a barrel, while the December Gold Futures contract fell 0.99% or 25.50 to trade at $2,561.00 a troy ounce.

USD/JPY was up 0.32% to 155.94, while EUR/JPY rose 0.12% to 164.41.

The US Dollar Index Futures was up 0.22% at 106.62.