Japan stocks higher at close of trade; Nikkei 225 up 2.36%

Japan stocks higher at close of trade; Nikkei 225 up 2.36%

© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 2.36% © Reuters. Japan stocks higher at close of trade; Nikkei 225 up 2.36%

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

At the close in Tokyo, the Nikkei 225 rose 2.36% to hit a new 5-year high.

The best performers of the session on the Nikkei 225 were Oki Electric Industry Co., Ltd. (T:6703), which rose 9.64% or 89.0 points to trade at 1012.0 at the close. Meanwhile, Oji Holdings Corp. (T:3861) added 7.68% or 48.0 points to end at 673.0 and Bridgestone Corp. (T:5108) was up 5.97% or 205.0 points to 3637.0 in late trade.

The worst performers of the session were IHI Corp. (T:7013), which fell 3.30% or 71.0 points to trade at 2081.0 at the close. Casio Computer Co., Ltd. (T:6952) declined 2.17% or 40.0 points to end at 1807.0 and Kawasaki Kisen Kaisha, Ltd. (T:9107) was down 2.11% or 49.0 points to 2271.0.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2619 to 942 and 182 ended unchanged.

Shares in Oji Holdings Corp. (T:3861) rose to 52-week highs; rising 7.68% or 48.0 to 673.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 21.72.

Crude oil for February delivery was up 0.83% or 0.42 to $51.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.90% or 0.49 to hit $54.87 a barrel, while the February Gold Futures contract fell 0.21% or 4.10 to trade at $1909.50 a troy ounce.

USD/JPY was up 0.07% to 103.88, while EUR/JPY fell 0.01% to 127.34.

The US Dollar Index Futures was up 0.03% at 89.817.

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