Investing.com – Japan equities were lower at the close on Wednesday, as losses in the Shipbuilding, Chemical, Petroleum & Plastic and Insurance sectors propelled shares lower.
At the close in Tokyo, the Nikkei 225 lost 1.22% to hit a new 1-month low.
The biggest gainers of the session on the Nikkei 225 were Resonac Holdings Corp (TYO:4004), which rose 11.98% or 415.00 points to trade at 3,887.00 at the close. Kawasaki Kisen Kaisha, Ltd. (TYO:9107) added 4.60% or 90.00 points to end at 2,052.50 and Mitsubishi Heavy Industries, Ltd. (TYO:7011) was up 3.35% or 45.00 points to 1,387.00 in late trade.
Biggest losers included Lasertec Corp (TYO:6920), which lost 7.85% or 3,190.00 points to trade at 37,510.00 in late trade. LY Corp (TYO:4689) declined 5.32% or 19.10 points to end at 339.00 and Chubu Electric Power Co., Inc. (TYO:9502) shed 4.94% or 100.50 points to 1,931.50.
Declining stocks outnumbered rising ones by 2883 to 775 and 208 ended unchanged on the Tokyo Stock Exchange.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 6.20% to 22.09 a new 3-month high.
In commodities trading, Crude oil for May delivery was down 0.56% or 0.48 to $84.88 a barrel. Meanwhile, Brent oil for delivery in June fell 0.44% or 0.40 to hit $89.62 a barrel, while the June Gold Futures contract fell 0.62% or 14.85 to trade at $2,392.95 a troy ounce.
USD/JPY was down 0.08% to 154.59, while EUR/JPY fell 0.07% to 164.19.
The US Dollar Index Futures was up 0.05% at 106.12.