Japan stocks lower at close of trade; Nikkei 225 down 1.22% By biedexmarkets.com

biedexmarkets.com – Japan stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in Tokyo, the declined 1.22% to hit a new 1-month low.

The best performers of the session on the were Resonac Holdings Corp (TYO:), which rose 11.98% or 415.00 points to trade at 3,887.00 at the close. Meanwhile, Kawasaki Kisen Kaisha, Ltd. (TYO:) added 4.60% or 90.00 points to end at 2,052.50 and Mitsubishi Heavy Industries, Ltd. (TYO:) was up 3.35% or 45.00 points to 1,387.00 in late trade.

The worst performers of the session were Lasertec Corp (TYO:), which fell 7.85% or 3,190.00 points to trade at 37,510.00 at the close. LY Corp (TYO:) declined 5.32% or 19.10 points to end at 339.00 and Chubu Electric Power Co., Inc. (TYO:) was down 4.94% or 100.50 points to 1,931.50.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2883 to 775 and 208 ended unchanged.

Shares in Resonac Holdings Corp (TYO:) rose to 3-years highs; gaining 11.98% or 415.00 to 3,887.00. Shares in LY Corp (TYO:) fell to 52-week lows; down 5.32% or 19.10 to 339.00.

The , which measures the implied volatility of Nikkei 225 options, was up 6.20% to 22.09 a new 3-months high.

Crude oil for May delivery was down 0.55% or 0.47 to $84.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.43% or 0.39 to hit $89.63 a barrel, while the June Gold Futures contract fell 0.61% or 14.75 to trade at $2,393.05 a troy ounce.

USD/JPY was down 0.08% to 154.59, while EUR/JPY fell 0.07% to 164.18.

The US Dollar Index Futures was up 0.05% at 106.12.

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