On Wednesday, Asian stocks dived because investors took profits ahead of a policy decision by the Fed, anticipated to tell more about its interest rate plans for the rest of 2019…
Japanese equities decline at close of trade
On Wednesday, Japanese shares slumped after the close. It’s because losses in the Paper & Pulp, Gas & Water as well as Banking sectors suppressed stocks.
The Nikkei 225 edged down 1.51%.
On the Nikkei 225 the best performers were represented by Otsuka Holdings Ltd, Showa Denko K.K. and Dentsu Inc. They grew 3.37%, 2.71% and 2.18% respectively.
Meanwhile, the top losers included such benchmarks as Showa Shell Sekiyu K.K., Toho Zinc Co. and Sumitomo Mitsui Trust Holdings. They went down respectively 6.83%, 6.01% and 5.55%.
Sagging equities outperformed rallying ones on the Tokyo Stock Exchange by 3161 to 276, while 76 were intact.
Stocks in Showa Denko K.K. managed to hit 5-year maximums, gaining 2.71% and showing 3980.0.
The Nikkei Volatility, gauging the implied volatility of Nikkei 225 options, headed south 4.96% being worth 18.58.
The currency pair USD/JPY edged down 0.37% trading at 113.03, EUR/JPY tumbled 0.26% trading at 133.49.
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