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Japan stocks higher at close of trade; Nikkei 225 up 0.85%

Published 05/20/2015, 02:55 AM
Updated 05/20/2015, 02:55 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 0.85%

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

At the close in Tokyo, the Nikkei 225 rose 0.85% to hit a new all time high.

The best performers of the session on the Nikkei 225 were Shiseido Co., Ltd. (TOKYO:4911), which rose 6.90% or 159.5 points to trade at 2469.5 at the close. Meanwhile, Tokyo Electric Power Co., Inc. (TOKYO:9501) added 5.78% or 30.0 points to end at 549.0 and Sumitomo Realty & Development Co. (TOKYO:8830) was up 5.33% or 245.5 points to 4851.0 in late trade.

The worst performers of the session were Tokio Marine Holdings, Inc. (TOKYO:8766), which fell 3.74% or 192.0 points to trade at 4940.0 at the close. Toho Zinc Co., Ltd. (TOKYO:5707) declined 2.98% or 14.0 points to end at 456.0 and JX Holdings, Inc. (TOKYO:5020) was down 2.83% or 15.4 points to 529.4.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 375 to 220.

Shares in Shiseido Co., Ltd. (TOKYO:4911) rose to 3-years highs; up 6.90% or 159.5 to 2469.5. Shares in Tokyo Electric Power Co., Inc. (TOKYO:9501) rose to 52-week highs; up 5.78% or 30.0 to 549.0. Shares in Sumitomo Realty & Development Co. (TOKYO:8830) rose to 52-week highs; gaining 5.33% or 245.5 to 4851.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 0.60% to 18.55.

Crude oil for July delivery was up 0.64% or 0.37 to $58.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.71% or 0.46 to hit $64.47 a barrel, while the June Gold contract fell 0.18% or 2.20 to trade at $1204.50 a troy ounce.

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USD/JPY was up 0.33% to 121.09, while EUR/JPY fell 0.37% to 134.07.

The US Dollar Index was up 0.55% at 95.89.

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