Japan stocks higher at close of trade; Nikkei 225 up 0.74%

Japan stocks higher at close of trade; Nikkei 225 up 0.74%

© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 0.74% © Reuters. Japan stocks higher at close of trade; Nikkei 225 up 0.74%

Investing.com – Japan stocks were higher after the close on Monday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 0.74% to hit a new 5-year high.

The best performers of the session on the Nikkei 225 were Kawasaki Heavy Industries, Ltd. (T:7012), which rose 5.06% or 109.0 points to trade at 2263.0 at the close. Meanwhile, Mitsubishi Heavy Industries, Ltd. (T:7011) added 4.96% or 144.0 points to end at 3046.0 and Hino Motors, Ltd. (T:7205) was up 4.85% or 42.0 points to 908.0 in late trade.

The worst performers of the session were JTEKT Corp. (T:6473), which fell 2.90% or 24.0 points to trade at 804.0 at the close. DeNA Co Ltd (T:2432) declined 2.77% or 52.0 points to end at 1824.0 and J.Front Retailing Co., Ltd. (T:3086) was down 2.70% or 22.0 points to 794.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2293 to 1281 and 193 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 19.18.

Crude oil for February delivery was down 0.19% or 0.09 to $48.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.29% or 0.15 to hit $51.19 a barrel, while the February Gold Futures contract rose 0.37% or 7.00 to trade at $1890.20 a troy ounce.

USD/JPY was up 0.00% to 103.48, while EUR/JPY rose 0.23% to 126.48.

The US Dollar Index Futures was down 0.24% at 90.032.

Original Article

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