Japan shares lower at close of trade; Nikkei 225 down 3.47%

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

At the close in Tokyo, the Nikkei 225 declined 3.47%.

The biggest gainers of the session on the Nikkei 225 were Idemitsu Kosan Co Ltd (T: 5019 ), which rose 1.94% or 45.0 points to trade at 2370.0 at the close. NTT Docomo, Inc. (T: 9437 ) added 0.82% or 23.5 points to end at 2895.0 and Shionogi & Co., Ltd. (T: 4507 ) was up 0.49% or 32.0 points to 6535.0 in late trade.

Biggest losers included Mitsui Engineering & Shipbuilding (T: 7003 ), which lost 9.91% or 56.0 points to trade at 509.0 in late trade. Chiyoda Corp. (T: 6366 ) declined 7.69% or 23.0 points to end at 276.0 and Recruit Holdings Co Ltd (T: 6098 ) shed 7.21% or 275.0 points to 3538.0.

Declining stocks outnumbered rising ones by 3018 to 574 and 107 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 33.42.

In commodities trading, Crude oil for July delivery was down 4.14% or 1.50 to $34.76 a barrel. Meanwhile, Brent oil for delivery in August fell 2.81% or 1.09 to hit $37.64 a barrel, while the August Gold Futures contract fell 0.83% or 14.35 to trade at $1722.95 a troy ounce.

USD/JPY was down 0.03% to 107.31, while EUR/JPY fell 0.08% to 120.64.

The US Dollar Index Futures was down 0.04% at 97.293.