Japan shares lower at close of trade; Nikkei 225 down 0.74%

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 0.74%.

The biggest gainers of the session on the Nikkei 225 were Shinsei Bank, Ltd. (T: 8303 ), which rose 3.59% or 45.0 points to trade at 1300.0 at the close. Advantest Corp. (T: 6857 ) added 3.55% or 175.0 points to end at 5100.0 and Dainippon Screen Mfg. Co., Ltd. (T: 7735 ) was up 3.38% or 150.0 points to 4590.0 in late trade.

Biggest losers included Alps Electric Co., Ltd. (T: 6770 ), which lost 5.59% or 56.0 points to trade at 945.0 in late trade. Idemitsu Kosan Co Ltd (T: 5019 ) declined 5.29% or 126.0 points to end at 2255.0 and IHI Corp. (T: 7013 ) shed 5.24% or 66.0 points to 1194.0.

Declining stocks outnumbered rising ones by 2819 to 838 and 106 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 37.67.

In commodities trading, Crude oil for June delivery was down 2.51% or 0.29 to $11.28 a barrel. Meanwhile, Brent oil for delivery in June fell 10.09% or 1.95 to hit $17.38 a barrel, while the June Gold Futures contract rose 1.29% or 21.70 to trade at $1709.50 a troy ounce.

USD/JPY was down 0.13% to 107.62, while EUR/JPY fell 0.07% to 116.89.

The US Dollar Index Futures was down 0.14% at 100.233.