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Japan shares lower at close of trade; Nikkei 225 down 0.28%

Published 23/03/2016, 05:55 pm
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 0.28%
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Investing.com – Japan equities were lower at the close on Wednesday, as losses in the Transportation Equipment, Machinery and Finance & Investment sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 declined 0.28%.

The biggest gainers of the session on the Nikkei 225 were The Yokohama Rubber Co., Ltd. (T:5101), which rose 4.94% or 90.0 points to trade at 1912.0 at the close. Fast Retailing Co., Ltd. (T:9983) added 3.08% or 1100.0 points to end at 36760.0 and Pioneer Corp. (T:6773) was up 2.99% or 8.0 points to 276.0 in late trade.

Biggest losers included Chiyoda Corp. (T:6366), which lost 4.54% or 43.0 points to trade at 904.0 in late trade. TDK Corp. (T:6762) declined 4.23% or 290.0 points to end at 6570.0 and Alps Electric Co., Ltd. (T:6770) shed 3.88% or 82.0 points to 2031.0.

Declining stocks outnumbered rising ones by 1041 to 700 and 149 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 0.13% to 22.61 a new 1-month low.

In commodities trading, Crude oil for May delivery was down 1.23% or 0.51 to $40.94 a barrel. Meanwhile, Brent oil for delivery in May fell 1.15% or 0.48 to hit $41.31 a barrel, while the April Gold contract fell 1.07% or 13.40 to trade at $1235.20 a troy ounce.

USD/JPY was down 0.01% to 112.37, while EUR/JPY fell 0.21% to 125.80.

The US Dollar Index was up 0.17% at 95.83.

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