Japan shares lower at close of trade; Nikkei 225 down 2.03%

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 lost 2.03%.

The biggest gainers of the session on the Nikkei 225 were Daiichi Sankyo Co., Ltd. (T: 4568 ), which rose 1.13% or 33.0 points to trade at 2954.5 at the close. Softbank Group Corp. (T: 9984 ) added 1.03% or 101.0 points to end at 9922.0 and Osaka Gas Co., Ltd. (T: 9532 ) was up 0.40% or 8.0 points to 2013.0 in late trade.

Biggest losers included Chiyoda Corp. (T: 6366 ), which lost 5.85% or 30.0 points to trade at 483.0 in late trade. Rakuten Inc (T: 4755 ) declined 5.55% or 74.0 points to end at 1259.0 and Mitsubishi Motors Corp. (T: 7211 ) shed 5.39% or 16.0 points to 281.0.

Declining stocks outnumbered rising ones by 3288 to 349 and 121 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 18.30.

In commodities trading, Crude oil for June delivery was down 0.32% or 0.20 to $62.47 a barrel. Meanwhile, Brent oil for delivery in June fell 0.20% or 0.13 to hit $66.44 a barrel, while the June Gold Futures contract rose 0.33% or 5.85 to trade at $1784.25 a troy ounce.

USD/JPY was down 0.01% to 108.06, while EUR/JPY fell 0.15% to 129.85.

The US Dollar Index Futures was up 0.05% at 91.270.