Investing.com – Japan stocks were higher after the close on Friday, as gains in the Banking, Finance & Investment and Shipbuilding sectors led shares higher.
At the close in Tokyo, the Nikkei 225 rose 1.20% to hit a new 1-month high.
The best performers of the session on the Nikkei 225 were Mitsubishi UFJ Financial Group (TO) (T:8306), which rose 6.57% or 35.7 points to trade at 579.3 at the close. Meanwhile, Fukuoka Financial Group, Inc. (T:8354) added 6.36% or 25.0 points to end at 418.0 and Sharp Corp. (T:6753) was up 5.09% or 7.0 points to 144.5 in late trade.
The worst performers of the session were Mitsubishi Motors Corp. (T:7211), which fell 13.64% or 79.5 points to trade at 503.5 at the close. Meidensha Corp. (T:6508) declined 4.46% or 22.0 points to end at 471.0 and GS Yuasa Corp. (T:6674) was down 2.77% or 13.0 points to 456.0.
Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1202 to 658 and 141 ended unchanged.
Shares in Mitsubishi Motors Corp. (T:7211) fell to all time lows; down 13.64% or 79.5 to 503.5.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 3.52% to 29.09.
Crude oil for June delivery was up 1.20% or 0.52 to $43.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.01% or 0.45 to hit $44.98 a barrel, while the June Gold contract fell 0.30% or 3.70 to trade at $1246.60 a troy ounce.
USD/JPY was up 0.99% to 110.54, while EUR/JPY rose 1.04% to 124.84.
The US Dollar Index was up 0.05% at 94.67.