Japan shares lower at close of trade; Nikkei 225 down 2.82%

Investing.com – Japan equities were lower at the close on Friday, as losses in the Paper & Pulp , Railway & Bus and Real Estate sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 fell 2.82% to hit a new 1-month low.

The biggest gainers of the session on the Nikkei 225 were Ajinomoto Co., Inc. (T: 2802 ), which rose 11.35% or 194.0 points to trade at 1904.0 at the close. TDK Corp (T: 6762 ) added 8.05% or 870.0 points to end at 11680.0 and Fuji Electric Co., Ltd. (T: 6504 ) was up 7.17% or 192.0 points to 2870.0 in late trade.

Biggest losers included Advantest Corp. (T: 6857 ), which lost 14.93% or 1000.0 points to trade at 5700.0 in late trade. Nisshinbo Holdings Inc. (T: 3105 ) declined 14.58% or 107.0 points to end at 627.0 and Panasonic Corp (T: 6752 ) shed 13.29% or 138.0 points to 900.0.

Declining stocks outnumbered rising ones by 3294 to 354 and 60 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 23.70.

In commodities trading, Crude oil for September delivery was up 0.78% or 0.31 to $40.23 a barrel. Meanwhile, Brent oil for delivery in October rose 0.79% or 0.34 to hit $43.59 a barrel, while the August Gold Futures contract rose 1.39% or 27.00 to trade at $1969.30 a troy ounce.

USD/JPY was down 0.35% to 104.36, while EUR/JPY rose 0.08% to 124.15.

The US Dollar Index Futures was down 0.48% at 92.558.