Investing.com – Japan equities were lower at the close on Wednesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower.
At the close in Tokyo, the Nikkei 225 declined 2.80% to hit a new 3-month low.
The biggest gainers of the session on the Nikkei 225 were Konami Corp. (T:9766), which rose 1.72% or 90.0 points to trade at 5320.0 at the close. Takashimaya Co., Ltd. (T:8233) added 1.05% or 11.0 points to end at 1061.0 and Idemitsu Kosan Co Ltd (T:5019) was up 0.94% or 30.0 points to 3230.0 in late trade.
Biggest losers included Sony Corp (T:6758), which lost 12.79% or 1820.0 points to trade at 12410.0 in late trade. Kawasaki Kisen Kaisha, Ltd. (T:9107) declined 10.28% or 810.0 points to end at 7070.0 and Nippon Yusen K.K (T:9101) shed 9.34% or 900.0 points to 8740.0.
Declining stocks outnumbered rising ones by 3504 to 218 and 81 ended unchanged on the Tokyo Stock Exchange.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 21.26.
In commodities trading, Crude oil for March delivery was up 0.59% or 0.50 to $85.33 a barrel. Meanwhile, Brent oil for delivery in March rose 0.35% or 0.31 to hit $87.82 a barrel, while the February Gold Futures contract rose 0.02% or 0.30 to trade at $1812.70 a troy ounce.
USD/JPY was down 0.21% to 114.36, while EUR/JPY fell 0.09% to 129.68.
The US Dollar Index Futures was down 0.09% at 95.635.