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

Investing.com – Japan equities were lower at the close on Friday, as losses in the Power , Mining and Electrical/Machinery sectors propelled shares lower.

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

The biggest gainers of the session on the Nikkei 225 were T&D Holdings, Inc. (TYO: 8795 ), which rose 1.65% or 28.00 points to trade at 1,726.00 at the close. Dai-ichi Life Holdings Inc (TYO: 8750 ) added 1.59% or 42.00 points to end at 2,680.50 and Shionogi & Co., Ltd. (TYO: 4507 ) was up 1.06% or 73.00 points to 6,955.00 in late trade.

Biggest losers included Sumitomo Metal Mining Co., Ltd. (TYO: 5713 ), which lost 5.52% or 356.00 points to trade at 6,093.00 in late trade. Pacific Metals Co., Ltd. (TYO: 5541 ) declined 5.15% or 200.00 points to end at 3,685.00 and Nissan Chemical Industries, Ltd. (TYO: 4021 ) shed 4.90% or 360.00 points to 6,990.00.

Declining stocks outnumbered rising ones by 2736 to 834 and 197 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was down 0.37% to 21.64.

In commodities trading, Crude oil for June delivery was down 0.70% or 0.73 to $103.06 a barrel. Meanwhile, Brent oil for delivery in June fell 0.71% or 0.77 to hit $107.56 a barrel, while the June Gold Futures contract rose 0.37% or 7.30 to trade at $1,955.50 a troy ounce.

USD/JPY was down 0.28% to 128.02, while EUR/JPY fell 0.45% to 138.47.

The US Dollar Index Futures was up 0.22% at 100.83.