Japan shares lower at close of trade; Nikkei 225 down 1.55%

Investing.com – Japan equities were lower at the close on Wednesday, as losses in the Transportation Equipment, Shipbuilding and Trading sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 lost 1.55%.

The biggest gainers of the session on the Nikkei 225 were Sharp Corp (TYO:6753), which rose 13.80% or 122.60 points to trade at 1,011.00 at the close. Seven&i Holdings Co., Ltd. (TYO:3382) added 11.78% or 262.50 points to end at 2,490.00 and Eneos Holdings Inc (TYO:5020) was up 6.97% or 52.80 points to 810.10 in late trade.

Biggest losers included Nexon Co Ltd (TYO:3659), which lost 17.45% or 449.00 points to trade at 2,123.50 in late trade. Sumitomo Metal Mining Co., Ltd. (TYO:5713) declined 9.24% or 387.00 points to end at 3,801.00 and Sumitomo Realty&Development Co. (TYO:8830) shed 5.08% or 249.00 points to 4,648.00.

Declining stocks outnumbered rising ones by 2209 to 1419 and 229 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 5.38% to 26.04.

In commodities trading, Crude oil for December delivery was up 0.15% or 0.10 to $68.22 a barrel. Meanwhile, Brent oil for delivery in January rose 0.15% or 0.11 to hit $72.00 a barrel, while the December Gold Futures contract rose 0.26% or 6.70 to trade at $2,613.00 a troy ounce.

USD/JPY was up 0.26% to 154.99, while EUR/JPY rose 0.16% to 164.51.

The US Dollar Index Futures was up 0.02% at 105.97.