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Japan shares lower at close of trade; Nikkei 225 down 0.32%

Published 17/01/2024, 05:30 pm
© Reuters Japan shares lower at close of trade; Nikkei 225 down 0.32%

Investing.com – Japan equities were lower at the close on Wednesday, as losses in the Transportation Equipment, Marine Transport and Textile sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 fell 0.32%.

The biggest gainers of the session on the Nikkei 225 were Furukawa Electric Co., Ltd. (TYO:5801), which rose 4.30% or 100.00 points to trade at 2,423.00 at the close. CyberAgent Inc (TYO:4751) added 3.47% or 30.50 points to end at 909.20 and Mitsubishi Corp. (TYO:8058) was up 3.09% or 76.50 points to 2,551.00 in late trade.

Biggest losers included Tokyo Electric Power Co., Inc. (TYO:9501), which lost 4.53% or 38.40 points to trade at 810.20 in late trade. Fujitsu Ltd. (TYO:6702) declined 4.07% or 825.00 points to end at 19,460.00 and Daiichi Sankyo Co., Ltd. (TYO:4568) shed 3.80% or 172.00 points to 4,352.00.

Declining stocks outnumbered rising ones by 2498 to 1156 and 238 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 0.31% to 22.47 a new 1-month high.

In commodities trading, Crude oil for March delivery was down 0.65% or 0.47 to $72.05 a barrel. Meanwhile, Brent oil for delivery in March fell 0.56% or 0.44 to hit $77.85 a barrel, while the February Gold Futures contract fell 0.47% or 9.55 to trade at $2,020.65 a troy ounce.

USD/JPY was up 0.48% to 147.88, while EUR/JPY rose 0.31% to 160.55.

The US Dollar Index Futures was up 0.21% at 103.33.

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