Japan shares lower at close of trade; Nikkei 225 down 2.80%

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 2.80% to hit a new 3-month low.
The biggest gainers of the session on the Nikkei 225 were Konami Corp. (T: 9766 ), which rose 1.72% or 90.0 points to trade at 5320.0 at the close. Takashimaya Co., Ltd. (T: 8233 ) added 1.05% or 11.0 points to end at 1061.0 and Idemitsu Kosan Co Ltd (T: 5019 ) was up 0.94% or 30.0 points to 3230.0 in late trade.
Biggest losers included Sony Corp (T: 6758 ), which lost 12.79% or 1820.0 points to trade at 12410.0 in late trade. Kawasaki Kisen Kaisha, Ltd. (T: 9107 ) declined 10.28% or 810.0 points to end at 7070.0 and Nippon Yusen K.K (T: 9101 ) shed 9.34% or 900.0 points to 8740.0.
Declining stocks outnumbered rising ones by 3504 to 218 and 81 ended unchanged on the Tokyo Stock Exchange.
The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 21.26.
In commodities trading, Crude oil for March delivery was up 0.59% or 0.50 to $85.33 a barrel. Meanwhile, Brent oil for delivery in March rose 0.35% or 0.31 to hit $87.82 a barrel, while the February Gold Futures contract rose 0.02% or 0.30 to trade at $1812.70 a troy ounce.
USD/JPY was down 0.21% to 114.36, while EUR/JPY fell 0.09% to 129.68.
The US Dollar Index Futures was down 0.09% at 95.635.

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