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Japan stocks lower at close of trade; Nikkei 225 down 1.66% -Breaking

by Mike Robinson

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© Reuters. Japan stocks are lower as of close to trade. Nikkei 225 was down 1.66%

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

Tokyo closed with the currency falling 1.66%, thereby reaching a new three-month low.

These were the best performers of the session Meiji Holdings Co., Ltd. (T:), up 2.52%, or 180.0 point to trade at 7310.0 after the close. Meanwhile, KDDI Corporation. (T:), 2.10% added or 75.0 point to finish at 3653.0 Nisshin Seifun Group Inc. Late trade saw a 1.75% increase in T:, or 28.0 points to 1629.0

Japan Steel Works Ltd. (T) fell 8.80%, or 355.0 points, to close at 3680.0. Recruit Holdings Co Ltd T: (T:), fell 7.56% or 450.0 to finish at 5506.0 Rakuten Inc The (T:), was at 90.0, down 7.48%.

The Tokyo Stock Exchange saw falling stocks surpass advancing stock by 3100, 541 and 171 respectively.

The implied volatility index of Nikkei’s 225 options was unchanged at 0% to 25,74.

The March delivery of crude oil was 0.34 percent higher at $83.65 per barrel. Brent oil rose 0.42 percent to $85.85 per barrel in commodity trading. The February Gold Futures contract traded at $1842.75 an ounce.

USD/JPY declined 0.14% at 113.75 while EUR/JPY dropped 0.22% at 128.70.

At 95.933, the US Dollar Index Futures rose 0.03%.

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