Title: Japan stocks lower at close of trade; Nikkei 225 down 0.11%

Sep 05, 2022 03:35AM ET

By: AnalysisWatch

Japanese stocks fell after the market closed on Monday as losses in the steel, energy, and transport sectors led shares lower.

At the close of trading in Tokyo, the Nikkei 225 index lost 0.11% to hit a new one-month low.

The best performing company within the Nikkei 225 index was Chiyoda Corp, which rose 7.20%, or 29.00 points, to close trading at 432.00 points. Meanwhile, JGC Corp added 4.64% or 88.00 points to end at 1,984.00 and Toppan Printing Co, Ltd rose 3.22% or 70.00 points to close trading at 2,245.00.

The worst performer during the session was Odakyu Electric Railway Co., Ltd., which declined by 3.33% or 63.00 points to trade at 1,830.00 at the close of trade. KEISEEI ELECTRIC RAILWAY CO., LTD. fell 2.75%, or 105.00 points, to close at 3,720.00 and Casio Computer Co., Ltd. fell 2.16%, or 29.00 points, to close at 1,315.00.

On the Tokyo Stock Exchange, declining stocks outnumbered advancing stocks by a ratio of 1,882 to 1,603, and 299 stocks ended unchanged.

The Nikkei volatility index, which measures the implied volatility of options on the Nikkei 225 index, fell 2.43% to 20.90 points.

Oil for October delivery rose 2.45%, or 2.13, to $89.00 a barrel. Elsewhere in commodities trading, Brent crude for November delivery rose 2.66%, or 2.47, to close at $95.49 per barrel, while the December gold futures contract fell 0.03%, or 0.60, to trade at $1,722.00 per troy ounce.

The USD/JPY currency pair rose 0.20% to 140.48, while the EUR/JPY currency pair fell 0.06% to 139.42.

Futures on the US dollar index rose 0.36% to 109.91.