TOKYO: Japan stocks were lower after the close on Monday, as losses in the Steel, Finance & Investment and Insurance sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.40% to hit a new 3-months low. The best performers of the session on the Nikkei 225 were Mitsui Chemicals, Inc. (T:4183), which rose 3.53% or 22.0 points to trade at 645.5 at the close. Meanwhile, Mitsubishi Chemical Holdings Corp (T:4188) added 3.28% or 30.9 points to end at 973.1 and Tokyo Gas Co., Ltd. (T:9531) was up 3.06% or 17.6 points to 592.4 in late trade. The worst performers of the session were Konica Minolta, Inc. (T:4902), which fell 3.51% or 32.0 points to trade at 879.0 at the close. Yamaha Motor Co Ltd (T:7272) declined 2.39% or 75.0 points to end at 3065.0 and Kubota Corp. (T:6326) was down 2.11% or 41.0 points to 1901.0.
Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1598 to 1591 and 272 ended unchanged. Shares in Mitsui Chemicals, Inc. (T:4183) rose to 5-year highs; rising 3.53% or 22.0 to 645.5. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 15.62% to 17.32. Crude oil for October delivery was down 0.23% or 0.11 to $48.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.47% or 0.25 to hit $52.47 a barrel, while the December Gold Futures contract rose 0.16% or 2.08 to trade at $1293.68 a troy ounce. USD/JPY was down 0.19% to 108.98, while EUR/JPY fell 0.31% to 128.01. The US Dollar Index Futures was up 0.06% at 93.42.