Japan stocks were lower after the close on Monday, as losses in the Paper & Pulp, Transport and Communication sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 1.30%.

The best performers of the session on the Nikkei 225 were Oji Holdings Corp. (TYO:3861), which rose 6.68% or 41.30 points to trade at 659.60 at the close. Meanwhile, Sumitomo Osaka Cement Co., Ltd. (TYO:5232) added 3.52% or 133.00 points to end at 3,913.00 and Nichirei Corp. (TYO:2871) was up 3.04% or 58.00 points to 1,969.00 in late trade.

The worst performers of the session were Sumitomo Dainippon Pharma Co Ltd (TYO:4506), which fell 11.44% or 81.00 points to trade at 627.00 at the close. Mazda Motor Corp (TYO:7261) declined 5.04% or 43.50 points to end at 820.00 and Recruit Holdings Co Ltd (TYO:6098) was down 4.57% or 339.00 points to 7,077.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1898 to 1757 and 214 ended unchanged.

Shares in Oji Holdings Corp. (TYO:3861) rose to 52-week highs; gaining 6.68% or 41.30 to 659.60.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.10% to 27.84.

Crude oil for June delivery was down 1.61% or 1.03 to $62.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.52% or 1.03 to hit $66.93 a barrel, while the June Gold Futures contract rose 2.32% or 77.06 to trade at $3,405.46 a troy ounce.

USD/JPY was down 0.99% to 140.76, while EUR/JPY rose 0.06% to 162.05.

The US Dollar Index Futures was down 1.06% at 98.08.

Source: Investing.com