Title: Japan stocks lower at close of trade; Nikkei 225 down 0.78%

Feb 21, 2022 02:35AM ET

By: AnalysisWatch

Japanese stocks were lower after the close on Monday as losses in the mining, transport, and rubber sectors drove shares lower.

At the close in Tokyo, the Nikkei 225 index fell 0.78%.

The best performer of the session on the Nikkei 225 index was Chiyoda Corp. shares, which rose 2.56%, or 9.0 points, to trade at 361.0 points at the close. Meanwhile, Isuzu Motors, Ltd. added 2.50% or 40.0 points to close at 1638.0 points, and JFE Holdings, Inc. rose 1.91% or 32.0 points to 1707.0 points in late trading.

The session's worst performers were Sumitomo Heavy Industries, Ltd., which declined 5.89% or 172.0 points to trade at 2747.0 points at the close. SUMCO Corp. fell 5.23%, or 108.0 points, to close at 1958.0 points, and Nikon Corp. fell 4.36%, or 57.0 points, to close at 1250.0 points.

On the Tokyo Stock Exchange, falling stocks outnumbered rising stocks 2497 to 1057, and 232 stocks finished unchanged.

SUMCO Corp. shares fell to a 52-week low, dropping 5.23%, or 108.0 points, to 1958.0.

Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, fell 2.91% to 25.35.

April crude for delivery fell 0.75%, or 0.68, to $89.53 a barrel. Elsewhere in trade, Brent crude for May delivery fell 0.63%, or 0.58, to $90.81 a barrel, while the April gold futures contract fell 0.34%, or 6.55, to trade at $1,893.25 a troy ounce.

The USD/JPY pair fell 0.06% to 114.93, while the EUR/JPY pair rose 0.44% to 130.76.

US dollar index futures fell 0.29% to 95.740 points.