Japanese stocks closed lower; Nikkei 225 fell 0.13%

28.11.2016

Japan's stock market closed the Monday trading session lower amid the negative dynamics from the mining, the manufacture of glass and instrumentation sectors.

At the close on the Tokyo Stock Exchange, Nikkei 225 fell 0.13% to 18,356.89 points. During the session, Nikkei reached -0.9%, but recovered losses.

However, other Japan indexes went up. The broader Topix index rose for the 12th day in a row. On this session it rose 0.3%, ending trading at 1469.58 points. The index increased steadily from 10 November, gaining 12.9%.

The JPX-Nikkei 400 rose 0.3% to 13,187.85 points.

The best dynamics showed the utilities sector, which added 1.8%, the bank shares rose 1.5%.

The leaders of growth among the Nikkei 225 index components were the shares of Mitsubishi Corp. (T: 8058), which went up by 77.0 p (3.20%), closing at 2487.0. The quotes of Chubu Electric Power Co., Inc. (T: 9502) rose 43.5 p (2.76%), ending trading at 1619.5. The shares of Tokyo Tatemono Co., Ltd. (T: 8804) rose 38.0 p (2.62%), closing at 1488.0.

Leaders of falling were shares of Unitika, Ltd. (T: 3103), the price of which fell 4.0 p (4.49%), ending the session at around 85.0. Shares of Shiseido Co., Ltd. (T: 4911) fell 100.5 p (3.34%), closing at 2907.5 and Citizen Holdings Co., Ltd. (T: 7762) decreased in price by 20.0 p (2.77%) and closed trading at around 702.0.

On the Tokyo Stock Exchange, the number of advancing securities (2078) exceeded the number closed in the red (940), and the quotes of 326 shares remained virtually unchanged.

The volatility index Nikkei Volatility, which is based on options trading indicators on the Nikkei 225, rose by 0.85% to reach 20.14.

Meanwhile USD/JPY fell 1.09% to 111.99, and EUR/JPY fell 0.44%, reaching 119.28.

The USD index fell 0.50% to 100.97.

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