Title: Japan stocks lower at close of trade; Nikkei 225 down 3.01%

Jun 13, 2022 03:35AM ET

By: AnalysisWatch

Japanese shares declined on Monday after the close of the stock market, as stocks in the transport equipment, precision instruments and chemicals, oil and plastics sectors dropped.

The Nikkei 225 index was down 3.01% at the close of trading in Tokyo.

Kansai Electric Power Co Inc was the best performing Nikkei 225 index, rising by 2.61%, or 32.00 points, to close trading at 1,259.00 points. Meanwhile, rose 1.68% or 12.00 points to close trading at 726.00 points, while added 1.76% or 71.00 points to close trading at 4,108.00 points.

Softbank Group Corp. was the worst performer during the session, falling by 6.85% or 380.00 points to close trading at 5165.00 points. Kubota Corp. fell by 6.26%, or 153.50 points, to 298.50 points and Omron Corp. by 5.89%, or 438.00 points, to 7 003.00 points.

On the Tokyo Stock Exchange, falling shares outnumbered rising shares, 2 to 1, while 202 ended unchanged.

The Nikkei Volatility Index, which measures the implied volatility of options on the Nikkei 225 index, rose by 5.19% to 21.27 points.

Oil for July delivery fell by 2.17%, or USD 2.62, to USD 118.05 per barrel. Among other commodities, Brent crude oil for August delivery fell by 2.14% or 2.61% to USD 119.40 per barrel, while August gold futures fell by 0.63% or 11.80% to trade at USD 1,863.70 per troy ounce.

The USD/JPY currency pair was up 0.23% at 134.74, while the EUR/JPY currency pair was down 0.08% at 141.22.

Futures on the US dollar index were up 0.39% at 104.42.