Japanese Stocks Fall At Close Of Trade
Japanese stocks fell after the close on Friday (10/1), as losses in the Shipping, Electric Power and Insurance sectors led shares lower. At the close in Tokyo, the Nikkei 225 was down 1.04%.
The best performers on the Nikkei 225 were Advantest Corp., which rose 5.12%, or 506.00 points, to trade at 10,380.00 at the close. Meanwhile, Seven & i Holdings Co., Ltd. rose 4.86%, or 115.50 points, to close at 2,490.00 and Furukawa Electric Co., Ltd. rose 3.48%, or 244.00 points, to 7,259.00 in late trade.
The worst performers were Mitsui Mining and Smelting Co. which plunged 6.80% or 330.00 points to trade at 4,524.00 at the close. Fast Retailing Co., Ltd. plunged 6.53% or 3,400.00 points to close at 48,700.00 and Otsuka Holdings Ltd. (TYO:4578) plunged 4.17% or 351.00 points to 8,063.00.
Declining stocks outnumbered advancing ones on the Tokyo Stock Exchange, with 2,229 to 1,341, with 298 ending unchanged. Advantest Corp. shares rose to an all-time high; up 5.12% or 506.00 shares to 10,380.00.
Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, rose 11.56% to 24.31, a fresh 1-month high. Crude oil for February delivery rose 0.65% or 0.48 to settle at $74.40 a barrel. Elsewhere in commodities trading, Brent oil for March delivery rose 0.65% or 0.50 to settle at $77.42 a barrel, while the February Gold Futures contract rose 0.44% or 11.80 to trade at $2,702.60 a troy ounce. (AL)
Source: Investing.com
