Investing.com – Japan equities were higher at the close on Wednesday, as gains in the Insurance, Shipbuilding and Electrical/Machinery sectors propelled shares higher.
At the close in Tokyo, the Nikkei 225 gained 4.11%.
The biggest gainers of the session on the Nikkei 225 were IHI Corp. (T:7013), which rose 12.81% or 26.0 points to trade at 229.0 at the close. Alps Electric Co., Ltd. (T:6770) added 12.75% or 231.0 points to end at 2043.0 and SUMCO Corp. (T:3436) was up 10.74% or 77.0 points to 794.0 in late trade.
Biggest losers included Tokuyama Corp. (T:4043), which lost 1.26% or 2.0 points to trade at 157.0 in late trade. Toho Zinc Co., Ltd. (T:5707) declined 0.66% or 2.0 points to end at 301.0 and Maruha Nichiro Corp (T:1333) shed 0.39% or 9.0 points to 2293.0.
Advancing stocks outnumbered falling ones by 1781 to 75 and 35 ended unchanged on the Tokyo Stock Exchange.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 7.28% to 31.32.
In commodities trading, Crude oil for April delivery was down 0.52% or 0.18 to $34.22 a barrel. Meanwhile, Brent oil for delivery in May rose 0.22% or 0.08 to hit $36.89 a barrel, while the April Gold contract fell 0.26% or 3.20 to trade at $1227.60 a troy ounce.
USD/JPY was up 0.23% to 114.28, while EUR/JPY rose 0.10% to 124.03.
The US Dollar Index was up 0.13% at 98.47.