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Japan shares lower at close of trade; Nikkei 225 down 1.98%

Published 13/08/2018, 06:35 pm
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 1.98%
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8630
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Investing.com – Japan equities were lower at the close on Monday, as losses in the Shipbuilding, Communication and Glass sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 lost 1.98% to hit a new 1-month low.

The biggest gainers of the session on the Nikkei 225 were Pacific Metals Co., Ltd. (T:5541), which rose 2.51% or 95.0 points to trade at 3875.0 at the close. NKSJ Holdings, Inc. (T:8630) added 1.79% or 79.0 points to end at 4490.0 and Suzuki Motor Corp. (T:7269) was up 1.46% or 103.0 points to 7163.0 in late trade.

Biggest losers included Mitsui Mining and Smelting Co. (T:5706), which lost 14.05% or 587.5 points to trade at 3595.0 in late trade. The Japan Steel Works, Ltd. (T:5631) declined 7.62% or 237.0 points to end at 2873.0 and Taiyo Yuden Co., Ltd. (T:6976) shed 5.86% or 175.0 points to 2811.0.

Declining stocks outnumbered rising ones by 3109 to 417 and 97 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 13.06% to 16.19.

In commodities trading, Crude oil for September delivery was down 0.28% or 0.19 to $67.44 a barrel. Meanwhile, Brent oil for delivery in October fell 0.32% or 0.23 to hit $72.58 a barrel, while the December Gold Futures contract fell 0.56% or 6.80 to trade at $1212.20 a troy ounce.

USD/JPY was down 0.42% to 110.34, while EUR/JPY fell 0.78% to 125.58.

The US Dollar Index Futures was up 0.11% at 96.30.

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