Japan stocks lower at close of trade; Nikkei 225 down 1.41%

Japan stocks were lower after the close on Wednesday, as losses in the Paper & Pulp, Transport and Communication sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 1.41%.

The best performers of the session on the Nikkei 225 were Yamato Holdings Co., Ltd. (TYO:9064), which rose 11.54% or 227.00 points to trade at 2,194.50 at the close. Meanwhile, Mitsubishi Corp. (TYO:8058) added 7.88% or 376.00 points to end at 5,148.00 and Japan Airlines Co Ltd (TYO:9201) was up 4.85% or 147.00 points to 3,180.00 in late trade.

The worst performers of the session were Mitsui Chemicals, Inc. (TYO:4183), which fell 10.34% or 214.00 points to trade at 1,856.50 at the close. Taiyo Yuden Co., Ltd. (TYO:6976) declined 8.31% or 690.00 points to end at 7,610.00 and Kyocera Corp. (TYO:6971) was down 7.40% or 242.00 points to 3,027.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2649 to 903 and 193 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 5.62% to 35.72.

Crude oil for December delivery was up 0.59% or 0.57 to $96.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.72% or 0.75 to hit $104.35 a barrel, while the December Gold Futures contract rose 2.23% or 87.87 to trade at $4,028.27 a troy ounce.

USD/JPY was down 0.32% to 158.18, while EUR/JPY fell 0.05% to 177.55.

The US Dollar Index Futures was down 0.29% at 101.43.