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Japan shares higher at close of trade; Nikkei 225 up 1.37%

Published 19/07/2016, 04:55 pm
© Reuters.  Japan shares higher at close of trade; Nikkei 225 up 1.37%
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Investing.com – Japan equities were higher at the close on Tuesday, as gains in the Services, Transportation Equipment and Paper & Pulp sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 gained 1.37% to hit a new 1-month high.

The biggest gainers of the session on the Nikkei 225 were Tokuyama Corp. (T:4043), which rose 10.73% or 31.0 points to trade at 320.0 at the close. Dainippon Screen Mfg. Co., Ltd. (T:7735) added 8.78% or 96.5 points to end at 1196.0 and Furukawa Co., Ltd. (T:5715) was up 7.19% or 11.0 points to 164.0 in late trade.

Biggest losers included Softbank Corp. (T:9984), which lost 10.32% or 620.0 points to trade at 5386.1 in late trade. DOWA Holdings Co., Ltd. (T:5714) declined 3.42% or 20.0 points to end at 565.0 and Mitsubishi Materials Corp. (T:5711) shed 3.21% or 9.0 points to 271.5.

Advancing stocks outnumbered falling ones by 1472 to 475 and 110 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.25% to 29.15.

In commodities trading, Crude oil for September delivery was down 0.22% or 0.10 to $45.84 a barrel. Meanwhile, Brent oil for delivery in September fell 0.17% or 0.08 to hit $46.88 a barrel, while the August Gold contract rose 0.09% or 1.25 to trade at $1330.55 a troy ounce.

USD/JPY was down 0.26% to 105.88, while EUR/JPY fell 0.32% to 117.20.

The US Dollar Index was up 0.06% at 96.62.

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