Japan stocks lower at close of trade; Nikkei 225 down 1.97%

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At the close in Tokyo, the Nikkei 225 declined 1.97%.

The best performers of the session on the Nikkei 225 were Kawasaki Kisen Kaisha, Ltd. (T:9107), which rose 2.19% or 59.0 points to trade at 2747.0 at the close. Meanwhile, Mitsui O.S.K. Lines, Ltd. (T:9104) added 1.66% or 65.0 points to end at 3970.0 and Oji Holdings Corp. (T:3861) was up 1.40% or 10.0 points to 726.0 in late trade.

The worst performers of the session were Marui Group Co., Ltd. (T:8252), which fell 5.82% or 125.0 points to trade at 2024.0 at the close. Dentsu Inc. (T:4324) declined 4.46% or 155.0 points to end at 3320.0 and Daikin Industries, Ltd. (T:6367) was down 4.28% or 985.0 points to 22010.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2875 to 704 and 156 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 18.30.

Crude oil for June delivery was up 0.99% or 0.63 to $64.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.01% or 0.68 to hit $67.73 a barrel, while the June Gold Futures contract fell 0.03% or 0.45 to trade at $1770.15 a troy ounce.

USD/JPY was up 0.29% to 108.46, while EUR/JPY rose 0.59% to 130.91.

The US Dollar Index Futures was down 0.16% at 90.900.