Japan shares lower at close of trade; Nikkei 225 down 2.03% By Investing.com

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.