Japan shares lower at close of trade; Nikkei 225 down 3.29%

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

At the close in Tokyo, the Nikkei 225 declined 3.29% to hit a new 1-month low.

The biggest gainers of the session on the Nikkei 225 were Chiyoda Corp. (T:6366), which rose 1.23% or 5.0 points to trade at 410.0 at the close. Kawasaki Kisen Kaisha, Ltd. (T:9107) added 0.87% or 30.0 points to end at 3495.0 and Nisshinbo Holdings Inc. (T:3105) was up 0.66% or 6.0 points to 914.0 in late trade.

Biggest losers included T&D Holdings, Inc. (T:8795), which lost 6.27% or 93.0 points to trade at 1390.0 in late trade. Toyota Tsusho Corp. (T:8015) declined 5.77% or 310.0 points to end at 5060.0 and Nissan Chemical Industries, Ltd. (T:4021) shed 5.76% or 320.0 points to 5240.0.

Declining stocks outnumbered rising ones by 3279 to 388 and 98 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 18.40.

In commodities trading, Crude oil for August delivery was up 0.38% or 0.27 to $71.56 a barrel. Meanwhile, Brent oil for delivery in August rose 0.35% or 0.26 to hit $73.77 a barrel, while the August Gold Futures contract rose 0.94% or 16.60 to trade at $1785.60 a troy ounce.

USD/JPY was down 0.07% to 110.11, while EUR/JPY rose 0.17% to 130.99.

The US Dollar Index Futures was down 0.16% at 92.058.