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Title: Japan stocks lower at close of trade; Nikkei 225 down 1.81%


Feb 24, 2022 02:35AM ET


By: AnalysisWatch


Japanese stocks fell after Thursday's close, as losses in the pulp and paper, rail and bus, and real estate sectors led shares lower.


At the close of trading in Tokyo, the Nikkei 225 lost 1.81% and hit a new 52-week low.


Among the best-performing stocks on the Nikkei 225, Inpex Corp. was unchanged by 0% or 0 points to close at 1146.0 points, Sumitomo Metal Mining Co., Ltd. was unchanged by 0% or 0 points to close at 5412.0 points, and Idemitsu Kosan Co., Ltd. was unchanged by 0% or 0 points to close at 2983.0 points at the end of trading.


Among the worst performers of the session were Softbank Group Corp., which remained unchanged at 0% or 0 points to close at 5154.0 points. AGC Inc. remained unchanged at 0% or 0 points to close at 5390.0, while Furukawa Electric Co., Ltd. declined 0% or 0 points to close at 2379.0.


On the Tokyo Stock Exchange, falling stocks outnumbered rising stocks by 2560 to 1092, while 151 stocks closed unchanged.


Shares of Inpex Corp. traded unchanged at a 3-year high, unchanged 0% or 0 at 1146.0.


Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged at 0% at 27.59.


Crude oil for April delivery rose 3.68%, or $3.32, to $93.53 a barrel. In another commodity trading, Brent crude for May delivery rose 2.10%, or $1.95, to $94.94 a barrel, while the April gold futures contract rose 0.63%, or $12.05, to $1911.85 an ounce.

USD/JPY was unchanged at 114.74, while EUR/JPY was unchanged at 129.79.


Futures on the US dollar index increased 0.10% to 96.112.

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