Japan shares lower at close of trade; Nikkei 225 down 1.63%

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

At the close in Tokyo, the Nikkei 225 fell 1.63%.

The biggest gainers of the session on the Nikkei 225 were Eisai Co., Ltd. (TYO:4523), which rose 1.43% or 82.00 points to trade at 5,800.00 at the close. Yamato Holdings Co., Ltd. (TYO:9064) added 0.97% or 15.50 points to end at 1,608.00 and Kyowa Kirin Co Ltd (TYO:4151) was up 0.88% or 28.00 points to 3,226.00 in late trade.

Biggest losers included Tokyo Gas Co., Ltd. (TYO:9531), which lost 5.60% or 198.00 points to trade at 3,340.00 in late trade. Amada Co., Ltd. (TYO:6113) declined 5.19% or 75.00 points to end at 1,370.50 and Osaka Gas Co., Ltd. (TYO:9532) shed 5.06% or 178.00 points to 3,343.00.

Declining stocks outnumbered rising ones by 3364 to 360 and 129 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 2.05% to 28.13.

In commodities trading, Crude oil for October delivery was up 1.14% or 0.75 to $66.50 a barrel. Meanwhile, Brent oil for delivery in November rose 1.10% or 0.76 to hit $69.95 a barrel, while the December Gold Futures contract rose 0.42% or 10.75 to trade at $2,553.85 a troy ounce.

USD/JPY was down 0.73% to 141.39, while EUR/JPY fell 0.52% to 156.15.

The US Dollar Index Futures was down 0.22% at 101.37.