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Japan stocks lower at close of trade; Nikkei 225 down 2.22%

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October 2, 2024
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Japan stocks lower at close of trade; Nikkei 225 down 2.22%

Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Transportation Equipment, Power and Transport sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 2.22%.

The best performers of the session on the Nikkei 225 were Inpex Corp. (TYO:1605), which rose 4.41% or 87.00 points to trade at 2,058.50 at the close. Meanwhile, Pacific Metals Co., Ltd. (TYO:5541) added 4.02% or 56.00 points to end at 1,448.00 and Sumitomo Metal Mining Co., Ltd. (TYO:5713) was up 3.22% or 143.00 points to 4,589.00 in late trade.

The worst performers of the session were TDK Corp (TYO:6762), which fell 5.13% or 100.00 points to trade at 1,847.50 at the close. Isetan Mitsukoshi Holdings Ltd. (TYO:3099) declined 4.95% or 116.00 points to end at 2,229.00 and Advantest Corp. (TYO:6857) was down 4.85% or 334.00 points to 6,556.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2920 to 739 and 198 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 12.33% to 24.75.

Crude oil for November delivery was up 1.63% or 1.14 to $70.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.52% or 1.12 to hit $74.68 a barrel, while the December Gold Futures contract fell 0.78% or 21.10 to trade at $2,669.20 a troy ounce.

USD/JPY was up 0.24% to 143.91, while EUR/JPY rose 0.22% to 159.25.

The US Dollar Index Futures was up 0.07% at 101.00.

This post appeared first on investing.com
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