Investing.com – Japan stocks were lower after the close on Friday, as losses in the Shipbuilding, Insurance and Finance & Investment sectors led shares lower.
At the close in Tokyo, the Nikkei 225 fell 0.54% to hit a new 3-months low.
The best performers of the session on the Nikkei 225 were Sharp Corp. (T:6753), which rose 14.68% or 16.0 points to trade at 125.0 at the close. Meanwhile, Nippon Express Co., Ltd. (T:9062) added 3.71% or 19.0 points to end at 531.0 and Comsys Holdings Corp. (T:1721) was up 2.79% or 44.0 points to 1623.0 in late trade.
The worst performers of the session were Kawasaki Heavy Industries, Ltd. (T:7012), which fell 6.55% or 26.0 points to trade at 371.0 at the close. Pioneer Corp. (T:6773) declined 4.81% or 14.0 points to end at 277.0 and IHI Corp. (T:7013) was down 4.50% or 13.0 points to 276.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1129 to 759 and 1 ended unchanged.
Shares in Kawasaki Heavy Industries, Ltd. (T:7012) fell to 52-week lows; losing 6.55% or 26.0 to 371.0. Shares in IHI Corp. (T:7013) fell to 52-week lows; falling 4.50% or 13.0 to 276.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 4.06% to 33.05 a new 3-months high.
Crude oil for February delivery was down 3.19% or 0.99 to $30.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 2.40% or 0.74 to hit $30.25 a barrel, while the February Gold contract rose 0.86% or 9.20 to trade at $1082.80 a troy ounce.
USD/JPY was down 0.28% to 117.73, while EUR/JPY fell 0.08% to 128.18.
The US Dollar Index was down 0.08% at 99.04.