Japan stocks lower at close of trade; Nikkei 225 down 0.36%

Japan stocks lower at close of trade; Nikkei 225 down 0.36%

Japan stocks were lower after the close on Wednesday, as losses in the Transportation Equipment, Railway & Bus and Electrical/Machinery sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 0.36%.

The best performers of the session on the Nikkei 225 were IHI Corp., which rose 4.33% or 11.0 points to trade at 265.0 at the close. Meanwhile, SUMCO Corp. added 4.17% or 30.0 points to end at 750.0 and Shin-Etsu Chemical Co., Ltd. was up 3.92% or 246.0 points to 6518.0 in late trade.

The worst performers of the session were Canon Inc., which fell 5.26% or 178.0 points to trade at 3203.0 at the close. JFE Holdings, Inc. declined 3.58% or 63.0 points to end at 1696.0 and Fanuc Corp. was down 3.20% or 605.0 points to 18325.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 991 to 875 and 133 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 4.45% to 29.23.

Crude oil for June delivery was up 1.11% or 0.49 to $44.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.21% or 0.55 to hit $46.13 a barrel, while the June Gold contract rose 0.35% or 4.35 to trade at $1247.75 a troy ounce.

USD/JPY was down 0.14% to 111.15, while EUR/JPY fell 0.05% to 125.74.

The US Dollar Index was down 0.05% at 94.40.