Japan shares lower at close of trade; Nikkei 225 down 0.78%

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 0.78%.

The biggest gainers of the session on the Nikkei 225 were Yamato Holdings Co., Ltd. (T: 9064 ), which rose 2.14% or 58.0 points to trade at 2771.0 at the close. Kobe Steel, Ltd. (T: 5406 ) added 1.89% or 7.0 points to end at 377.0 and Mitsubishi Motors Corp. (T: 7211 ) was up 1.88% or 5.0 points to 271.0 in late trade.

Biggest losers included CyberAgent Inc (T: 4751 ), which lost 6.28% or 400.0 points to trade at 5970.0 in late trade. Konami Corp. (T: 9766 ) declined 4.54% or 160.0 points to end at 3365.0 and Marui Group Co., Ltd. (T: 8252 ) shed 3.89% or 73.0 points to 1802.0.

Declining stocks outnumbered rising ones by 2311 to 1203 and 153 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 21.50 a new 3-month low.

In commodities trading, Crude oil for August delivery was down 0.07% or 0.03 to $40.59 a barrel. Meanwhile, Brent oil for delivery in September fell 0.07% or 0.03 to hit $43.05 a barrel, while the August Gold Futures contract fell 0.15% or 2.80 to trade at $1807.10 a troy ounce.

USD/JPY was down 0.05% to 107.46, while EUR/JPY rose 0.17% to 121.36.

The US Dollar Index Futures was down 0.08% at 96.765.