Title: Japan stocks lower at close of trade; Nikkei 225 down 1.73%
Jul 01, 2022 03:35AM ET
Japan's stocks were weaker after the close on Friday as losses in the mining, shipbuilding, chemicals, petroleum, and plastics sectors led shares lower.
At the close of trading in Tokyo, the Nikkei 225 was down 1.73%.
Among the best performers on the Nikkei 225 were shares of Takashimaya Co., Ltd., which rose 8.80%, or 117.00 points, to close at 1,447.00. In late trading, Tokyo Electric Power Co, Inc gained 2.12% or 12.00 points to close at 579.00, while Seiko Epson Cor gained 2.03% or 39.00 points to close at 1,959.00.
Tokyo Gas Co., Ltd. was the worst performer, falling 9.83% or 276.00 points to close at 2,530.00 in late trading. Osaka Gas Co., Ltd. fell 6.93% or 180.00 points to close at 2,416.00, while TDK Corp. fell 5.97% or 250.00 points to close at 3,940.00.
On the Tokyo Stock Exchange, falling stocks outweighed rising ones by 2810 to 746, and 221 ended unchanged.
Shares of Takashimaya Co., Ltd. rose to a 3-year high, gaining 8.80%, or 117.00 points, to 1,447.00, and shares of Tokyo Electric Power Co., Inc. rose to a 3-year high, up 2.12%, or 12.00 points, to 579.00.
Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, rose 3.40% to 23.43.
The USD/JPY fell 0.45% to 135.12, while the EUR/JPY fell 0.78% to 141.15.
The US dollar index futures rose 0.27% to 104.75.