Japan stocks lower at close of trade; Nikkei 225 down 4.82%

Investing.com – Japan stocks were lower after the close on Monday, as losses in the Paper & Pulp, Banking and Steel sectors led shares lower.

At the close in Tokyo, the Nikkei 225 lost 4.82%.

The best performers of the session on the Nikkei 225 were Resona Holdings, Inc. (TYO:8308), which rose 5.90% or 55.60 points to trade at 997.60 at the close. Meanwhile, DeNA Co Ltd (TYO:2432) added 5.57% or 94.00 points to end at 1,783.00 and Mizuho Financial Group Inc (TYO:8411) was up 4.19% or 118.00 points to 2,936.00 in late trade.

The worst performers of the session were Isetan Mitsukoshi Holdings Ltd. (TYO:3099), which fell 10.64% or 265.00 points to trade at 2,226.00 at the close. Lasertec Corp (TYO:6920) declined 10.02% or 2,630.00 points to end at 23,605.00 and Tokyo Electric Power Co., Inc. (TYO:9501) was down 9.22% or 64.70 points to 636.90.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3218 to 528 and 128 ended unchanged.

Shares in DeNA Co Ltd (TYO:2432) rose to 52-week highs; gaining 5.57% or 94.00 to 1,783.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.92% to 26.51.

Crude oil for November delivery was up 1.16% or 0.79 to $68.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.27% or 0.91 to hit $72.45 a barrel, while the December Gold Futures contract rose 0.44% or 11.65 to trade at $2,679.75 a troy ounce.

USD/JPY was down 0.31% to 141.75, while EUR/JPY fell 0.29% to 158.25.

The US Dollar Index Futures was down 0.02% at 100.08.