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Japan stocks higher at close of trade; Nikkei 225 up 0.38%

© Reuters. Japan stocks higher at close of trade; Nikkei 225 up 0.38%

Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

At the close in Tokyo, the added 0.38%.

The best performers of the session on the were Mitsubishi Heavy Industries, Ltd. (TYO:), which rose 2.76% or 223.00 points to trade at 8,307.00 at the close. Meanwhile, IHI Corp. (TYO:) added 2.39% or 85.00 points to end at 3,646.00 and Kyocera Corp. (TYO:) was up 2.33% or 170.00 points to 7,465.00 in late trade.

The worst performers of the session were Tokyo Electric Power Co., Inc. (TYO:), which fell 1.94% or 12.60 points to trade at 638.10 at the close. Takashimaya Co., Ltd. (TYO:) declined 1.94% or 43.00 points to end at 2,170.50 and Sumitomo Dainippon Pharma Co Ltd (TYO:) was down 1.76% or 9.50 points to 531.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1925 to 1650 and 290 ended unchanged.

Shares in Mitsubishi Heavy Industries, Ltd. (TYO:) rose to 5-year highs; up 2.76% or 223.00 to 8,307.00.

The , which measures the implied volatility of Nikkei 225 options, was down 2.12% to 18.00.

Crude oil for October delivery was up 0.53% or 0.43 to $81.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.42% or 0.36 to hit $85.27 a barrel, while the December Gold Futures contract fell 0.11% or 2.25 to trade at $1,962.85 a troy ounce.

USD/JPY was up 0.41% to 146.48, while EUR/JPY rose 0.27% to 159.13.

The US Dollar Index Futures was up 0.11% at 103.59.

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This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...

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