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Japan stocks higher at close of trade; Nikkei 225 up 0.74%

Published 02/12/2020, 02:35 AM
Updated 02/12/2020, 02:35 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 0.74%

Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.74%.

The best performers of the session on the Nikkei 225 were Softbank Group Corp. (T:9984), which rose 11.89% or 611.0 points to trade at 5751.0 at the close. Meanwhile, Chiyoda Corp. (T:6366) added 9.90% or 38.0 points to end at 422.0 and Dainippon Screen Mfg. Co., Ltd. (T:7735) was up 5.00% or 320.0 points to 6720.0 in late trade.

The worst performers of the session were The Japan Steel Works, Ltd. (T:5631), which fell 7.89% or 165.0 points to trade at 1926.0 at the close. Kajima Corp. (T:1812) declined 4.77% or 68.0 points to end at 1359.0 and Sumitomo Osaka Cement Co., Ltd. (T:5232) was down 4.60% or 205.0 points to 4255.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1960 to 1585 and 237 ended unchanged.

Shares in Chiyoda Corp. (T:6366) rose to 52-week highs; gaining 9.90% or 38.0 to 422.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 17.97.

Crude oil for March delivery was up 1.46% or 0.73 to $50.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 2.04% or 1.10 to hit $55.11 a barrel, while the April Gold Futures contract fell 0.17% or 2.65 to trade at $1567.45 a troy ounce.

USD/JPY was up 0.13% to 109.92, while EUR/JPY rose 0.12% to 119.94.

The US Dollar Index Futures was up 0.06% at 98.657.

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