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

Investing.com – Japan equities were lower at the close on Monday, as losses in the Paper&Pulp, Banking and Steel sectors propelled shares lower.

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

The biggest gainers 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.  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.

Biggest losers included  Isetan Mitsukoshi Holdings Ltd.  (TYO:3099), which lost 10.64% or 265.00 points to trade at 2,226.00 in late trade.  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) shed 9.22% or 64.70 points to 636.90.

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

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

In commodities trading, Crude oil for November delivery was up 1.16% or 0.79 to $68.97 a barrel. Meanwhile, 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 0.42% or 11.15 to trade at $2,679.25 a troy ounce.

USD/JPY was down 0.25% to 141.84, while EUR/JPY fell 0.24% to 158.33.

The US Dollar Index Futures was down 0.01% at 100.10.