Japan stocks lower at close of trade; Nikkei 225 down 2.78%

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At the close in Tokyo, the Nikkei 225 declined 2.78%.

The best performers of the session on the Nikkei 225 were Chiba Bank Ltd (TYO:8331), which rose 0.92% or 7.00 points to trade at 765.00 at the close. Meanwhile, Mitsubishi Heavy Industries, Ltd. (TYO:7011) added 0.83% or 43.00 points to end at 5,206.00 and Takashimaya Co., Ltd. (TYO:8233) was up 0.48% or 8.00 points to 1,686.00 in late trade.

The worst performers of the session were Omron Cor (TYO:6645), which fell 4.95% or 365.00 points to trade at 7,003.00 at the close. Ebara Corp. (TYO:6361) declined 4.61% or 250.00 points to end at 5,170.00 and Softbank Group Corp. (TYO:9984) was down 4.40% or 249.00 points to 5,405.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2909 to 665 and 199 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 4.44% to 18.30.

Crude oil for October delivery was down 0.87% or 0.76 to $86.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.99% or 0.92 to hit $92.25 a barrel, while the December Gold Futures contract fell 0.42% or 7.25 to trade at $1,710.15 a troy ounce.

USD/JPY was down 0.70% to 143.54, while EUR/JPY fell 0.57% to 143.26.

The US Dollar Index Futures was down 0.12% at 109.39.