Japan stocks higher at close of trade; Nikkei 225 up 1.20% By Investing.com

Japan stocks higher at close of trade; Nikkei 225 up 1.20%

Stock Markets Oct 16, 2019 03:35AM ET

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Japan stocks higher at close of trade; Nikkei 225 up 1.20%

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 1.20% to hit a new 6-months high.

The best performers of the session on the Nikkei 225 were Taiheiyo Cement Corp. (T:5233), which rose 4.85% or 141.0 points to trade at 3050.0 at the close. Meanwhile, Asahi Glass Co., Ltd. (T:5201) added 4.06% or 140.0 points to end at 3585.0 and Fast Retailing Co., Ltd. (T:9983) was up 3.90% or 2550.0 points to 68000.0 in late trade.

The worst performers of the session were Olympus Corp. (T:7733), which fell 2.90% or 43.0 points to trade at 1439.0 at the close. Tokyo Gas Co., Ltd. (T:9531) declined 2.79% or 78.0 points to end at 2719.0 and Kawasaki Kisen Kaisha, Ltd. (T:9107) was down 2.43% or 37.0 points to 1485.0.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2257 to 1256 and 222 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 15.70 a new 1-month low.

Crude oil for November delivery was up 0.09% or 0.05 to $52.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.05% or 0.03 to hit $58.77 a barrel, while the December Gold Futures contract rose 0.29% or 4.25 to trade at $1487.75 a troy ounce.

USD/JPY was down 0.20% to 108.62, while EUR/JPY fell 0.17% to 119.85.

The US Dollar Index Futures was up 0.08% at 98.080.

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