Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Shipbuilding, Machinery and Finance & Investment sectors led shares lower.
At the close in Tokyo, the Nikkei 225 lost 3.15%.
The best performers of the session on the Nikkei 225 were GS Yuasa Corp. (T:6674), which rose 11.38% or 47.0 points to trade at 460.0 at the close. Meanwhile, NTT Data Corp. (T:9613) added 5.21% or 310.0 points to end at 6260.0 and Nisshin Steel Holdings Co., Ltd. (T:5413) was up 5.15% or 63.0 points to 1286.0 in late trade.
The worst performers of the session were IHI Corp. (T:7013), which fell 20.24% or 50.0 points to trade at 197.0 at the close. Casio Computer Co., Ltd. (T:6952) declined 16.77% or 414.0 points to end at 2054.0 and Kobe Steel, Ltd. (T:5406) was down 15.04% or 17.0 points to 96.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1725 to 165.
Shares in IHI Corp. (T:7013) fell to 3-years lows; losing 20.24% or 50.0 to 197.0. Shares in Kobe Steel, Ltd. (T:5406) fell to 3-years lows; down 15.04% or 17.0 to 96.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 19.07% to 32.97.
Crude oil for March delivery was down 0.32% or 0.10 to $29.79 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.58% or 0.19 to hit $32.53 a barrel, while the April Gold contract rose 0.12% or 1.30 to trade at $1128.50 a troy ounce.
USD/JPY was down 0.26% to 119.65, while EUR/JPY fell 0.25% to 130.66.
The US Dollar Index was down 0.03% at 98.84.