Japanese shares closed lower; Nikkei 225 fell 0.37%

23.02.2016

Japan's stock market closed Tuesday trading, falling amid negative dynamics of the fishing industry, maritime transport and food sectors.

At the close on the Tokyo Stock Exchange, Nikkei 225 fell 0.37%.

The leaders of growth among Nikkei 225 components were the shares of Fujikura Ltd. (T: 5803), which went up by 31.0 p. (6.65%), closing at 497.0. Quotes of Mitsui Mining and Smelting Co. (T: 5706) rose 10.0 p. (6.25%), ending trading at 170.0. Shares of Toho Zinc Co., Ltd. (T: 5707) rose 17.0 p. (6.05%), closing at 298.0.

Leaders of falling were shares of Maruha Nichiro Corp (T: 1333), the price of which fell by 110.0 p. (4.92%), ending the session at around 2126.0. Shares of NTT Docomo, Inc. (T: 9437) fell 110.5 p. (4.18%), closing at 2531.5, and KDDI Corp. (T: 9433) decreased in value by 117.0 p (3.88%) and closed trading at around 2896.0.

On the Tokyo Stock Exchange, the number of cheapened securities (1383) exceeded the number closed higher (425), and quotes of 82 shares remained virtually unchanged.

Nikkei Volatility index, which is based on options trading indicators on the Nikkei 225, fell 0.32% to reach 34.55.

Meanwhile USD/JPY fell 0.58% to 112.26, and EUR/JPY fell 0.52%, reaching 123.88.

USD index fell 0.08% to 97.30.

In the Asian markets, stocks fell on Tuesday due to the fact that investors have become more cautious, with the Shanghai dropping the most.

Shanghai Composite Index fell 1.26% and S&P/ASX 200 fell 0.40%.

Yuan on Tuesday fell against the US dollar after the PBOC lowered the reference rate to 6.5288 against the dollar.

The weakening of the yuan would not directly affect the increase in the volume of international trade in China, said Chinese Minister of Commerce Gao Hucheng at a press conference on Tuesday.

"I do not think that Yuan rate fluctuations after August reforms can significantly affect our trade," - said Gao.

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