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Japan stocks higher at close of trade; Nikkei 225 up 1.45%

Published 12/08/2016, 01:55 AM
Updated 12/08/2016, 01:55 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 1.45%

Investing.com – Japan stocks were higher after the close on Thursday, as gains in the Power, Finance & Investment and Shipbuilding sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 1.45% to hit a new 6-months high.

The best performers of the session on the Nikkei 225 were Tokyo Electric Power Co., Inc. (T:9501), which rose 17.78% or 81.0 points to trade at 536.5 at the close. Meanwhile, Mitsubishi Motors Corp. (T:7211) added 6.38% or 37.0 points to end at 616.5 and Fujitsu Ltd. (T:6702) was up 6.18% or 41.6 points to 714.8 in late trade.

The worst performers of the session were Shionogi & Co., Ltd. (T:4507), which fell 5.08% or 263.0 points to trade at 4913.0 at the close. Sumitomo Dainippon Pharma Co Ltd (T:4506) declined 3.91% or 71.0 points to end at 1746.0 and Dentsu Inc. (T:4324) was down 3.02% or 155.0 points to 4975.0.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1996 to 1047 and 309 ended unchanged.

Shares in Fujitsu Ltd. (T:6702) rose to 52-week highs; rising 6.18% or 41.6 to 714.8.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 5.32% to 18.20.

Crude oil for January delivery was down 0.18% or 0.09 to $49.68 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.25% or 0.13 to hit $52.87 a barrel, while the February Gold contract rose 0.04% or 0.45 to trade at $1177.95 a troy ounce.

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USD/JPY was down 0.20% to 113.54, while EUR/JPY fell 0.11% to 122.21.

The US Dollar Index was down 0.12% at 100.16.

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