1 month ago
Stock Market

Japan stocks higher at close of trade; Nikkei 225 up 1.34%

Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Transportation Equipment, Communication and Chemical,

Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Transportation Equipment, Communication and Chemical, Petroleum&Plastic sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 1.34% to hit a new 1-month high.

The best performers of the session on the Nikkei 225 were Inpex Corp. (T:1605), which rose 12.46% or 125.0 points to trade at 1128.5 at the close. Meanwhile, Nikon Corp. (T:7731) added 6.20% or 102.0 points to end at 1747.0 and SUMCO Corp. (T:3436) was up 5.50% or 86.0 points to 1651.0 in late trade.

The worst performers of the session were Yamaha Motor Co Ltd (T:7272), which fell 5.11% or 120.0 points to trade at 2230.0 at the close. Toho Zinc Co., Ltd. (T:5707) declined 2.87% or 95.0 points to end at 3210.0 and Isuzu Motors, Ltd. (T:7202) was down 2.86% or 46.0 points to 1563.5.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2246 to 1248 and 188 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 9.14% to 18.00.

Crude oil for March delivery was up 0.85% or 0.45 to $53.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.01% or 0.63 to hit $63.05 a barrel, while the April Gold Futures contract rose 0.13% or 1.75 to trade at $1315.75 a troy ounce.

USD/JPY was up 0.21% to 110.72, while EUR/JPY rose 0.22% to 125.39.

The US Dollar Index Futures was up 0.06% at 96.560.