Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Marine Transport, Insurance and Finance & Investment sectors led shares higher.
At the close in Tokyo, the Nikkei 225 gained 1.10% to hit a new 1-month high.
The best performers of the session on the Nikkei 225 were Showa Denko K.K. (T:4004), which rose 8.61% or 164.0 points to trade at 2069.0 at the close. Meanwhile, IHI Corp. (T:7013) added 7.20% or 25.5 points to end at 379.5 and NTN Corp. (T:6472) was up 4.98% or 27.0 points to 569.0 in late trade.
The worst performers of the session were Familymart Ltd (T:8028), which fell 1.70% or 110.0 points to trade at 6350.0 at the close. Nippon Telegraph & Telephone Corp (T:9432) declined 1.40% or 67.0 points to end at 4711.0 and Shionogi & Co., Ltd. (T:4507) was down 0.99% or 57.0 points to 5728.0.
Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2624 to 524 and 214 ended unchanged.
Shares in Showa Denko K.K. (T:4004) rose to 5-year highs; up 8.61% or 164.0 to 2069.0. Shares in IHI Corp. (T:7013) rose to 52-week highs; gaining 7.20% or 25.5 to 379.5.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 7.27% to 15.57 a new 1-month low.
Crude oil for June delivery was down 0.06% or 0.03 to $49.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.04% or 0.02 to hit $52.55 a barrel, while the June Gold Futures contract fell 0.09% or 1.09 to trade at $1266.11 a troy ounce.
USD/JPY was up 0.14% to 111.25, while EUR/JPY fell 0.05% to 121.36.
The US Dollar Index Futures was up 0.15% at 98.87.