Japan stocks lower at close of trade; Nikkei 225 down 1.74%

Japan stocks lower at close of trade; Nikkei 225 down 1.74%

Aug 05, 2019

Japan stocks were lower after the close on Monday, as losses in the Paper&Pulp, Railway&Bus and Real Estate sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 1.74% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were Toyobo Co., Ltd. (T:3101), which rose 5.01% or 65.0 points to trade at 1363.0 at the close. Meanwhile, Olympus Corp. (T:7733) added 4.34% or 51.0 points to end at 1226.0 and Subaru Corp (T:7270) was up 3.89% or 95.5 points to 2553.5 in late trade.

The worst performers of the session were Kobe Steel, Ltd. (T:5406), which fell 15.02% or 99.0 points to trade at 560.0 at the close. Yahoo Japan Corp. (T:4689) declined 12.81% or 41.0 points to end at 279.0 and NTT Data Corp. (T:9613) was down 7.48% or 107.0 points to 1324.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3168 to 441 and 124 ended unchanged.

Shares in Kobe Steel, Ltd. (T:5406) fell to 3-years lows; losing 15.02% or 99.0 to 560.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 17.93 a new 1-month high.

Crude oil for September delivery was down 1.35% or 0.75 to $54.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.49% or 0.92 to hit $60.97 a barrel, while the December Gold Futures contract rose 0.77% or 11.25 to trade at $1468.75 a troy ounce.

USD/JPY was down 0.61% to 105.92, while EUR/JPY fell 0.46% to 117.81.

The US Dollar Index Futures was down 0.07% at 97.782.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now