05:47 AM EDT, 03/31/2022 (MT Newswires) -- The Nikkei 225 opened lower, wobbled, and finished down 0.7% Thursday on overnight Wall Street cues and on the dimming outlook for a swift resolution to the Ukraine-Russia conflict. Crude oil prices sank, sending energy shares lower.
The benchmark Nikkei 225 fell 205.82 to 27,821.43, as losing issues outnumbered gainers 190 to 32.
Leading the thin upside on a down day were the shipping companies, Kawasaki Kisen Kaisha (KAKKF, 9107:Tokyo), up 6.7%, followed by Nippon Yusen (NYUKF, 9101:Tokyo) up 5.9%, and then Mitsui OSK (MSLOF, 9104:Tokyo), up 4.4%.
On the downside were drugmaker Kyowa Kirin (KYKOF, 4151:Tokyo), off 4.1%, and then staffing-agency Recruit (RCRRF, 6098:Tokyo), off 3.8%.
In economic news, Japan's industrial production rose a seasonally adjusted 0.1% in February from January, and rose 0.2% from a year ago, reported the Ministry of Economy, Trade and Industry.