Japan's stock market closed Friday trading lower amid the negative dynamics from the mining, finance and investment, and the steel industry sectors. Also, the negative results come amid an anxiety in anticipation of the publication of the report on US employment in April; in addition, investors are worried about the impact of the strengthening yen on corporate profits.
At the close on the Tokyo Stock Exchange, Nikkei 225 fell 0.25%, to 16 106.72 points, on the first trading day after the three-day pause on the occasion of national holidays. The index finished the short week of trading with a decline by about 3.4 %.
The leaders of growth among the components of Nikkei 225 were the shares of Mitsubishi Motors Corp. (T: 7211), which went up by 28.0 p. (6.09%), closing at 487.5. The quotes of ANA Holdings Inc. (T: 9202) rose 10.7 p. (3.39%), ending trading at 326.4. Papers of Nippon Electric Glass Co., Ltd. (T: 5214) rose 16.0 p. (3.29%), closing at 503.0.
The worst results came from the shares of Sharp Corp. (T: 6753), the price of which has fallen by 12.0 p. (8.48%), ending the session at around 129.5. Shares of Sumitomo Metal Mining Co., Ltd. (T: 5713) fell 63.0 p (5.10%), closing at 1173.5, and Olympus Corp. (T: 7733) shares decreased in value by 195.0 p. (4.64%) and closed at around 4010.0.
On the Tokyo Stock Exchange, the number of advancing securities (1028) exceeded the number closed in the red (860), and the quotes of 115 shares remained virtually unchanged.
The Volatility index Nikkei Volatility, which is based on options trading on the Nikkei 225, fell 4.57% to reach 29.65.
Meanwhile, USD/JPY fell 0.23% to 107.01, and EUR/JPY fell 0.14%, reaching 122.16.
USD index fell 0.05% to 93.68.