Japan shares lower at close of trade; Nikkei 225 down 7.92%
Investing.com – Japan equities were lower at the close on Friday, as losses in the Insurance , Mining and Machinery sectors propelled shares lower.
At the close in Tokyo, the Nikkei 225 fell 7.92% to hit a new 52-week low.
The biggest gainers of the session on the Nikkei 225 were Konami Corp. (T: 9766 ), which fell 3.33% or 130.0 points to trade at 3775.0 at the close. Ube Industries, Ltd. (T: 4208 ) fell 3.39% or 6.0 points to end at 171.0 and Uny Group Holdings Co., Ltd. (T: 8270 ) was down 3.39% or 29.0 points to 826.0 in late trade.
Biggest losers included Nippon Sheet Glass Co., Ltd. (T: 5202 ), which lost 18.60% or 16.0 points to trade at 70.0 in late trade. Sharp Corp. (T: 6753 ) declined 16.48% or 22.0 points to end at 111.5 and Taiyo Yuden Co., Ltd. (T: 6976 ) shed 12.87% or 134.0 points to 907.0.
Declining stocks outnumbered rising ones by 1986 to 9 and 4 ended unchanged on the Tokyo Stock Exchange.
The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was up 17.22% to 40.71 a new 3-month high.
In commodities trading, Crude oil for August delivery was down 4.89% or 2.45 to $47.66 a barrel. Meanwhile, Brent oil for delivery in August fell 4.85% or 2.47 to hit $48.44 a barrel, while the August Gold contract rose 4.82% or 60.85 to trade at $1323.95 a troy ounce.
USD/JPY was down 3.35% to 102.61, while EUR/JPY fell 5.97% to 113.62.
The US Dollar Index was up 2.66% at 95.81.
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