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Japan shares lower at close of trade; Nikkei 225 down 1.77%

Published 12/07/2022, 05:35 pm
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 1.77%
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1332
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Investing.com – Japan equities were lower at the close on Tuesday, as losses in the Textile, Transportation Equipment and Power sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 declined 1.77%.

The biggest gainers of the session on the Nikkei 225 were Nippon Suisan Kaisha, Ltd. (TYO:1332), which rose 2.74% or 16.00 points to trade at 599.00 at the close. Kansai Electric Power Co Inc (TYO:9503) added 1.09% or 15.00 points to end at 1,390.00 and Nisshin Seifun Group Inc. (TYO:2002) was up 0.73% or 12.00 points to 1,656.00 in late trade.

Biggest losers included TDK Corp (TYO:6762), which lost 5.14% or 210.00 points to trade at 3,875.00 in late trade. Nitto Denko Co (TYO:6988) declined 4.70% or 410.00 points to end at 8,310.00 and Fanuc Corp. (TYO:6954) shed 4.54% or 995.00 points to 20,920.00.

Declining stocks outnumbered rising ones by 2910 to 637 and 218 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.03% to 22.64.

In commodities trading, Crude oil for August delivery was down 2.54% or 2.64 to $101.45 a barrel. Meanwhile, Brent oil for delivery in September fell 2.18% or 2.33 to hit $104.77 a barrel, while the August Gold Futures contract rose 0.21% or 3.65 to trade at $1,735.35 a troy ounce.

USD/JPY was down 0.15% to 137.21, while EUR/JPY fell 0.45% to 137.35.

The US Dollar Index Futures was up 0.46% at 108.32.

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