Japan stocks lower at close of trade; Nikkei 225 down 1.99%

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

At the close in Tokyo, the Nikkei 225 fell 1.99%.

The best performers of the session on the Nikkei 225 were Keio Corp. (TYO: 9008 ), which rose 2.79% or 110.00 points to trade at 4,047.00 at the close. Meanwhile, Nexon Co Ltd (TYO: 3659 ) added 2.44% or 50.50 points to end at 2,123.00 and DeNA Co Ltd (TYO: 2432 ) was up 1.83% or 67.00 points to 3,730.00 in late trade.

The worst performers of the session were CyberAgent Inc (TYO: 4751 ), which fell 5.54% or 69.50 points to trade at 1,185.50 at the close. Honda Motor Co Ltd (TYO: 7267 ) declined 4.88% or 71.00 points to end at 1,385.00 and Daiwa Securities Group Inc. (TYO: 8601 ) was down 4.72% or 51.00 points to 1,029.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2923 to 783 and 161 ended unchanged.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was up 11.79% to 28.16 a new 3-months high.

Crude oil for May delivery was down 0.39% or 0.27 to $69.65 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.37% or 0.27 to hit $73.07 a barrel, while the June Gold Futures contract rose 1.01% or 31.29 to trade at $3,122.19 a troy ounce.

USD/JPY was down 0.28% to 150.62, while EUR/JPY fell 0.43% to 162.45.

The US Dollar Index Futures was up 0.00% at 104.00.