Japan stocks lower at close of trade; Nikkei 225 down 2.82%

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At the close in Tokyo, the Nikkei 225 fell 2.82% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were Ajinomoto Co., Inc. (T:2802), which rose 11.35% or 194.0 points to trade at 1904.0 at the close. Meanwhile, TDK Corp (T:6762) added 8.05% or 870.0 points to end at 11680.0 and Fuji Electric Co., Ltd. (T:6504) was up 7.17% or 192.0 points to 2870.0 in late trade.

The worst performers of the session were Advantest Corp. (T:6857), which fell 14.93% or 1000.0 points to trade at 5700.0 at the close. Nisshinbo Holdings Inc. (T:3105) declined 14.58% or 107.0 points to end at 627.0 and Panasonic Corp (T:6752) was down 13.29% or 138.0 points to 900.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3294 to 354 and 60 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 23.70.

Crude oil for September delivery was up 0.78% or 0.31 to $40.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.79% or 0.34 to hit $43.59 a barrel, while the August Gold Futures contract rose 1.38% or 26.80 to trade at $1969.10 a troy ounce.

USD/JPY was down 0.35% to 104.36, while EUR/JPY rose 0.08% to 124.14.

The US Dollar Index Futures was down 0.48% at 92.560.