Japan stocks lower at the close of trade, Nikkei 225 lost 0.63%

Japan stocks were lower after the close on Thursday, as losses in the Communication, Real Estate and Shipbuilding sectors led shares lower.

Nikkei 225 declined 0.63% to hit a new one-month low at the close in Tokyo.

The best performers of the session on Nikkei 225 were Kajima Corp., which rose 4.91% or 75.0 points to trade at 1603.0 at the close. Meanwhile, Nippon Meat Packers, Inc. added 3.64% or 160.0 points to 4550.0 and Sumitomo Dainippon Pharma Co Ltd. was up 4.67% or 107.0 points to end at 2396.0 in late trade.

The worst performer of the session was Dentsu Inc., which fell 8.49% or 370.0 points to trade at 3990.0 at the close. Taiyo Yuden Co., Ltd. was down 8.04% or 186.0 points to 2126.0 and T&D Holdings, Inc. declined 8.04% or 95.0 points to end at 1087.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2165 to 1356 and 192 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 0.17% to 23.79, reaching its three-month high.

Crude oil for June delivery was up 0.39% or 0.24 to $62.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.29% or 0.21 to hit $71.98 a barrel, while the June Gold Futures contract rose 0.09% or 1.15 to trade at $1298.95 a troy ounce.

USD/JPY was down 0.20% to 109.36, while EUR/JPY fell 0.11% to 122.60. The US Dollar Index Futures was down 0.03% at 97.347.