Japan stocks lower at close of trade; Nikkei 225 down 2.88%

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At the close in Tokyo, the Nikkei 225 fell 2.88%.

The best performers of the session on the Nikkei 225 were Shinsei Bank, Ltd. (T:8303), which rose 3.31% or 65.0 points to trade at 2027.0 at the close. Meanwhile, Kansai Electric Power Co Inc (T:9503) added 1.47% or 16.0 points to end at 1103.0 and Mitsubishi Heavy Industries, Ltd. (T:7011) was up 1.18% or 33.5 points to 2874.0 in late trade.

The worst performers of the session were Terumo Corp. (T:4543), which fell 8.96% or 433.0 points to trade at 4402.0 at the close. Sony Corp (T:6758) declined 6.86% or 1065.0 points to end at 14455.0 and Recruit Holdings Co Ltd (T:6098) was down 6.32% or 435.0 points to 6449.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 3197 to 459 and 139 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 18.63.

Crude oil for February delivery was down 0.77% or 0.60 to $77.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.79% or 0.64 to hit $80.16 a barrel, while the February Gold Futures contract fell 1.33% or 24.35 to trade at $1800.75 a troy ounce.

USD/JPY was down 0.16% to 115.92, while EUR/JPY fell 0.36% to 130.87.

The US Dollar Index Futures was up 0.20% at 96.370.