Title: Japan stocks lower at close of trade; Nikkei 225 down 0.73%

Mar 31, 2022 03:35AM ET

By: AnalysisWatch

Japan's stocks were down after the close on Thursday as losses in the mining, chemicals, petroleum, plastics, and fishing sectors led shares lower.

At the close of trading in Tokyo, the Nikkei 225 was down 0.73%.

Kawasaki Kisen Kaisha, Ltd. was the best performer on the Nikkei 225, rising 6.65% or 500.00 points to close at 8,020.00 points. In late trade, Nippon Yusen K.K. gained 5.91%, or 600.00 points, to close at 10,760.00 points, while Mitsui O.S.K. Lines, Ltd. gained 4.43%, or 145.00 points, to close at 3,420.00 points in late trade.

Kyowa Hakko Kirin Co., Ltd. was the worst performer, falling 4.14% or 123.00 points to close at 2,848.00 points in late trade. Recruit Holdings Co., Ltd. fell 3.75%, or 211.00 points, to close at 5,414.00, while Nippon Express Co., Ltd. dropped 3.66%, or 320.00 points, to close at 8,420.00.

On the Tokyo Stock Exchange, falling stocks outweighed rising ones by 2380 to 1206, and 189 ended unchanged.

Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, fell 3.66% to 22.37, a new 1-month low.

The price of crude oil for delivery in May fell 5.04%, or 5.43, to $102.39 a barrel.

Elsewhere in commodity trading, Brent oil for delivery in June fell 4.05% or 4.51 to $106.93 a barrel, while the April gold futures contract fell 0.28% or 5.50 to settle at $1,928.00 a troy ounce.

The USD/JPY pair fell 0.21% to 121.54, while the EUR/JPY pair fell 0.19% to 135.63.

Futures on the US Dollar Index rose 0.01% to 97.88.