Japan shares lower at close of trade; Nikkei 225 down 1.17%

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

At the close in Tokyo, the Nikkei 225 fell 1.17%.

The biggest gainers of the session on the Nikkei 225 were Sapporo Holdings Ltd. (TYO: 2501 ), which rose 7.44% or 185.00 points to trade at 2,670.00 at the close. Nippon Yusen K.K (TYO: 9101 ) added 5.48% or 510.00 points to end at 9,820.00 and Osaka Gas Co., Ltd. (TYO: 9532 ) was up 4.74% or 101.00 points to 2,231.00 in late trade.

Biggest losers included Kikkoman Corp. (TYO: 2801 ), which lost 12.63% or 1,070.00 points to trade at 7,400.00 in late trade. Fanuc Corp. (TYO: 6954 ) declined 5.72% or 1,185.00 points to end at 19,525.00 and CyberAgent Inc (TYO: 4751 ) shed 5.69% or 78.00 points to 1,292.00.

Declining stocks outnumbered rising ones by 2352 to 1195 and 200 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was up 20.33% to 27.40 a new 1-month high.

In commodities trading, Crude oil for June delivery was up 0.79% or 0.80 to $102.50 a barrel. Meanwhile, Brent oil for delivery in July rose 0.85% or 0.89 to hit $105.50 a barrel, while the June Gold Futures contract fell 0.06% or 1.20 to trade at $1,902.90 a troy ounce.

USD/JPY was up 0.44% to 127.78, while EUR/JPY rose 0.14% to 135.48.

The US Dollar Index Futures was up 0.33% at 102.65.