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Japan Stocks Closed Lower, Nikkei 225 Down 1.26%

At the close of trading in Tokyo, the Nikkei 225 fell 1.26%.

Japanese stocks fell after the close on Tuesday (Oct. 8), with losses in the transportation equipment, precision instruments, and railway and bus sectors driving the overall decline. The Nikkei 225 fell 1.26% at the close of Tokyo trading.

Kansai Electric Power Co. (TYO:9503) was a strong performer in the Nikkei 225, rising 4.67% to 2,646.00 points. Meanwhile, Fujikura Co. (TYO:5803) rose 4.07% to 5,190.00 points, and Advanced Testing Co. (TYO:6857) rose 2.49% to 7,370.00 points.

Shiseido Co. (TYO:4911) was the worst performer of the session, falling 6.05% to 3,604.00 points. Yaskawa Electric Corp. (TYO:6506) fell 5.41% to 4,723.00, while Mercari Inc (TYO:4385) dropped 5.39% to 2,510.00.

On the Tokyo Stock Exchange, decliners outnumbered gainers by 2,968, while 181 were unchanged. Fujikura Co. Ltd.'s shares hit a record high, climbing 4.07% to 5,190.00.

The Nikkei Volatility Index rose 20.33% to 30.19, a one-month high. Crude oil for November delivery fell 1.74% to $75.80 a barrel, Brent crude for December slipped 1.69% to $79.56 a barrel, while the December gold futures contract fell 0.20% to $2,660.60 an ounce.

The dollar fell 0.20% against the yen to 147.88, while the euro fell 0.15% against the yen to 162.43. U.S. dollar index futures fell 0.12% to 102.18.

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