Japan stocks lower at close of trade; Nikkei 225 down 0.74%

Japan stocks were lower after the close on Monday, as losses in the Shipbuilding, Precision Instruments and Transportation Equipment sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 0.74% to hit a new 1-month low.

The best performers of the session on the Nikkei 225 were Kyowa Hakko Kirin Co., Ltd. (TYO:4151), which rose 3.58% or 101.00 points to trade at 2,924.00 at the close. Meanwhile, Softbank Group Corp. (TYO:9984) added 3.03% or 145.00 points to end at 4,933.00 and Subaru Corp (TYO:7270) was up 2.55% or 62.00 points to 2,496.00 in late trade.

The worst performers of the session were Inpex Corp. (TYO:1605), which fell 9.44% or 154.00 points to trade at 1,477.00 at the close. Mitsubishi Heavy Industries, Ltd. (TYO:7011) declined 9.18% or 478.00 points to end at 4,729.00 and Chiyoda Corp. (TYO:6366) was down 8.24% or 35.00 points to 390.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2742 to 836 and 203 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 7.77% to 27.31 a new 1-month high.

Crude oil for August delivery was up 0.27% or 0.29 to $108.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.21% or 0.24 to hit $113.36 a barrel, while the August Gold Futures contract rose 0.05% or 0.95 to trade at $1,841.55 a troy ounce.

USD/JPY was down 0.13% to 134.79, while EUR/JPY rose 0.09% to 141.80.

The US Dollar Index Futures was down 0.26% at 104.22.