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

Apr 12, 2022 03:35AM ET

By: AnalysisWatch

Japan's stocks were weaker after the close on Tuesday, as losses in the transportation equipment, precision instruments, and electrical/mechanical sectors led shares lower.

At the close in Tokyo, the Nikkei 225 was down 1.81%.

Among the best performers on the Nikkei 225 were shares of Takashimaya Co., Ltd., which rose 4.09%, or 47.00 points, to close at 1,196.00 points. Meanwhile, Isetan Mitsukoshi Holdings Ltd. gained 2.42%, or 23.00 points, to close at 975.00 and J.Fronting Retailing Co., Ltd. rose 1.85%, or 18.00 points, to 992.00 in late trading.

Shares of Mitsui O.S.K. Lines, Ltd. were the worst performers, falling 6.07%, or 182.00 points, to close at 2,816.00 in late trading. Kawasaki Kisen Kaisha, Ltd. dropped 5.84% or 410.00 points to close at 6,610.00 and Nippon Yusen K.K. fell 5.74% or 530.00 points to close at 8,700.00.

On the Tokyo Stock Exchange, falling stocks outweighed rising ones by 2765 to 780, and 212 ended unchanged.

The Nikkei Volatility Index, which measures the implied volatility of Nikkei 225 options, rose 2.84% to 21.33.

Crude oil for delivery in May rose 2.52%, or 2.38, to $96.67 a barrel. Elsewhere in commodity trading, Brent oil for delivery in June rose 2.43%, or 2.39, to $100.87 a barrel, while June gold futures rose 0.42%, or 8.20, to $1,956.40 a troy ounce.

The USD/JPY pair rose 0.16% to 125.56, while the EUR/JPY pair fell 0.02% to 136.39.

The US dollar index futures rose 0.22% to 100.15.