Japan stocks lower at close of trade; Nikkei 225 down 1.68% By Investing.com

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

At the close in Tokyo, the fell 1.68% to hit a new 3-years low.

The best performers of the session on the were Fujifilm Holdings Corp. (T:), which rose 15.43% or 700.0 points to trade at 5238.0 at the close. Meanwhile, Showa Denko K.K. (T:) added 11.73% or 203.0 points to end at 1933.0 and Tokai Carbon Co., Ltd. (T:) was up 11.54% or 84.0 points to 812.0 in late trade.

The worst performers of the session were Softbank Group Corp. (T:), which fell 10.90% or 397.0 points to trade at 3246.0 at the close. Mitsui Engineering & Shipbuilding (T:) declined 9.15% or 46.0 points to end at 457.0 and JGC Corp. (T:) was down 9.09% or 78.0 points to 780.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2046 to 1629 and 107 ended unchanged.

Shares in Softbank Group Corp. (T:) fell to 5-year lows; losing 10.90% or 397.0 to 3246.0. Shares in Mitsui Engineering & Shipbuilding (T:) fell to all time lows; losing 9.15% or 46.0 to 457.0. Shares in JGC Corp. (T:) fell to 5-year lows; down 9.09% or 78.0 to 780.0.

The , which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 56.63.

Crude oil for May delivery was down 1.94% or 0.53 to $26.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 1.11% or 0.32 to hit $28.41 a barrel, while the April Gold Futures contract fell 0.92% or 14.00 to trade at $1511.80 a troy ounce.

USD/JPY was down 0.48% to 107.16, while EUR/JPY fell 0.35% to 117.97.

The US Dollar Index Futures was down 0.12% at 99.688.