Japan stocks lower at close of trade; Nikkei 225 down 1.97%

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At the close in Tokyo, the Nikkei 225 lost 1.97%.

The best performers of the session on the Nikkei 225 were Takara Holdings Inc. (T:2531), which rose 2.93% or 22.0 points to trade at 774.0 at the close. Meanwhile, Pacific Metals Co., Ltd. (T:5541) added 2.62% or 44.0 points to end at 1721.0 and Meiji Holdings Co., Ltd. (T:2269) was up 2.35% or 180.0 points to 7830.0 in late trade.

The worst performers of the session were JGC Corp. (T:1963), which fell 6.29% or 62.0 points to trade at 924.0 at the close. Dentsu Inc. (T:4324) declined 5.92% or 126.0 points to end at 2001.0 and CyberAgent Inc (T:4751) was down 5.47% or 240.0 points to 4150.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2834 to 824 and 109 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 37.67.

Crude oil for June delivery was up 0.10% or 0.02 to $20.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 8.64% or 2.21 to hit $23.36 a barrel, while the June Gold Futures contract rose 0.27% or 4.65 to trade at $1715.85 a troy ounce.

USD/JPY was down 0.22% to 107.38, while EUR/JPY fell 0.44% to 116.38.

The US Dollar Index Futures was up 0.22% at 100.278.

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