🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Japan shares lower at close of trade; Nikkei 225 down 2.94%

Published 2022/03/07, 09:35
© Reuters.  Japan shares lower at close of trade; Nikkei 225 down 2.94%

Investing.com – Japan equities were lower at the close on Monday, as losses in the Automobiles & Parts, Glass and Transportation Equipment sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 declined 2.94% to hit a new 52-week low.

The biggest gainers of the session on the Nikkei 225 were Mitsubishi Materials Corp. (T:5711), which rose 8.12% or 171.00 points to trade at 2,278.00 at the close. Idemitsu Kosan Co Ltd (T:5019) added 6.84% or 235.00 points to end at 3,670.00 and Inpex Corp. (T:1605) was up 6.81% or 91.00 points to 1,428.00 in late trade.

Biggest losers included Hino Motors, Ltd. (T:7205), which lost 16.76% or 150.00 points to trade at 745.00 in late trade. Japan Steel Works Ltd (T:5631) declined 10.37% or 380.00 points to end at 3,285.00 and Isuzu Motors, Ltd. (T:7202) shed 9.13% or 139.00 points to 1,384.00.

Declining stocks outnumbered rising ones by 3266 to 433 and 106 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 8.87% to 27.99.

In commodities trading, Crude oil for April delivery was up 8.39% or 9.70 to $125.38 a barrel. Meanwhile, Brent oil for delivery in May rose 9.09% or 10.74 to hit $128.85 a barrel, while the April Gold Futures contract rose 1.17% or 23.10 to trade at $1,989.70 a troy ounce.

USD/JPY was up 0.27% to 115.08, while EUR/JPY fell 0.10% to 125.29.

The US Dollar Index Futures was up 0.16% at 98.82.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.