Japan stocks lower at close of trade; Nikkei 225 down 0.79%

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At the close in Tokyo, the Nikkei 225 declined 0.79%.

The best performers of the session on the Nikkei 225 were Nippon Express Co., Ltd. (T:9147), which rose 8.01% or 540.0 points to trade at 7280.0 at the close. Meanwhile, Dentsu Inc. (T:4324) added 7.32% or 315.0 points to end at 4620.0 and Kirin Holdings Co., Ltd. (T:2503) was up 4.21% or 80.0 points to 1978.0 in late trade.

The worst performers of the session were Kubota Corp. (T:6326), which fell 12.62% or 297.5 points to trade at 2060.5 at the close. Recruit Holdings Co Ltd (T:6098) declined 12.46% or 718.0 points to end at 5046.0 and MS&AD Insurance Group Holdings (T:8725) was down 5.78% or 241.0 points to 3928.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2280 to 1315 and 201 ended unchanged.

Shares in Kubota Corp. (T:6326) fell to 52-week lows; down 12.62% or 297.5 to 2060.5. Shares in Dentsu Inc. (T:4324) rose to 52-week highs; up 7.32% or 315.0 to 4620.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 21.21% to 26.63.

Crude oil for March delivery was down 0.95% or 0.91 to $94.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.90% or 0.87 to hit $95.61 a barrel, while the April Gold Futures contract rose 0.55% or 10.30 to trade at $1879.70 a troy ounce.

USD/JPY was down 0.19% to 115.31, while EUR/JPY fell 0.04% to 130.55.

The US Dollar Index Futures was down 0.20% at 96.168.