Japan stocks lower at close of trade; Nikkei 225 down 1.71%

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At the close in Tokyo, the Nikkei 225 lost 1.71%.

The best performers of the session on the Nikkei 225 were Daiichi Sankyo Co., Ltd. (T:4568), which rose 9.55% or 243.5 points to trade at 2793.0 at the close. Meanwhile, Trend Micro Inc. (T:4704) added 2.72% or 160.0 points to end at 6050.0 and Inpex Corp. (T:1605) was up 1.69% or 19.0 points to 1146.0 in late trade.

The worst performers of the session were Kawasaki Kisen Kaisha, Ltd. (T:9107), which fell 6.96% or 530.0 points to trade at 7090.0 at the close. Nissan Motor Co., Ltd. (T:7201) declined 6.02% or 36.0 points to end at 562.1 and Mitsubishi Motors Corp. (T:7211) was down 5.85% or 19.0 points to 306.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2942 to 648 and 188 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 2.64% to 26.02.

Crude oil for April delivery was up 3.68% or 3.32 to $93.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 2.10% or 1.95 to hit $94.94 a barrel, while the April Gold Futures contract rose 0.63% or 12.05 to trade at $1911.85 a troy ounce.

USD/JPY was unchanged 0.00% to 114.74, while EUR/JPY rose 0.02% to 129.79.

The US Dollar Index Futures was up 0.10% at 96.112.