Japan stocks lower at close of trade; Nikkei 225 down 4.35%

Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Pharmaceutical Industry, Transportation Equipment and Marine Transport sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 4.35%.

The best performers of the session on the Nikkei 225 were Bandai Namco Holdings Inc (TYO:7832), which rose 3.08% or 96.00 points to trade at 3,210.00 at the close. Meanwhile, Nitori Holdings Co Ltd (TYO:9843) added 2.56% or 550.00 points to end at 22,000.00 and Aeon Co., Ltd. (TYO:8267) was up 1.89% or 69.00 points to 3,719.00 in late trade.

The worst performers of the session were Furukawa Electric Co., Ltd. (TYO:5801), which fell 9.19% or 335.00 points to trade at 3,312.00 at the close. Dainippon Screen Mfg. Co., Ltd. (TYO:7735) declined 8.92% or 947.00 points to end at 9,668.00 and Tokyo Electron Ltd. (TYO:8035) was down 8.55% or 2,150.00 points to 22,995.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3558 to 228 and 86 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 0.99% to 21.53.

Crude oil for October delivery was down 0.48% or 0.34 to $70.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.39% or 0.29 to hit $73.46 a barrel, while the December Gold Futures contract fell 0.12% or 3.05 to trade at $2,519.95 a troy ounce.

USD/JPY was down 0.11% to 145.31, while EUR/JPY fell 0.09% to 160.53.

The US Dollar Index Futures was down 0.11% at 101.65.