Japan shares lower at close of trade; Nikkei 225 down 2.19%

Japan equities were lower at the close on Tuesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower.

At the close in Tokyo, the Nikkei 225 fell 2.19% to hit a new 1-month low.

The biggest gainers of the session on the Nikkei 225 were Inpex Corp. (T:1605), which rose 5.60% or 50.0 points to trade at 943.0 at the close. Idemitsu Kosan Co Ltd (T:5019) added 3.69% or 109.0 points to end at 3060.0 and Sojitz Corp. (T:2768) was up 3.60% or 64.0 points to 1843.0 in late trade.

Biggest losers included Fast Retailing Co., Ltd. (T:9983), which lost 6.92% or 5420.0 points to trade at 72850.0 in late trade. Z Holdings Corp (T:4689) declined 5.55% or 39.6 points to end at 673.3 and Sumitomo Dainippon Pharma Co Ltd (T:4506) shed 4.99% or 100.0 points to 1903.0.

Declining stocks outnumbered rising ones by 2958 to 642 and 145 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 23.88.

In commodities trading, Crude oil for November delivery was up 0.39% or 0.30 to $77.92 a barrel. Meanwhile, Brent oil for delivery in December rose 0.57% or 0.46 to hit $81.72 a barrel, while the December Gold Futures contract fell 0.42% or 7.50 to trade at $1760.10 a troy ounce.

USD/JPY was up 0.27% to 111.17, while EUR/JPY rose 0.05% to 128.94.

The US Dollar Index Futures was up 0.20% at 93.963.