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Japan stocks higher at close of trade; Nikkei 225 up 1.37%

Published 07/19/2016, 02:55 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 1.37%

Investing.com – Japan stocks were higher after the close on Tuesday, as gains in the Services, Transportation Equipment and Paper & Pulp sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 1.37% to hit a new 1-month high.

The best performers of the session on the Nikkei 225 were Tokuyama Corp. (T:4043), which rose 10.73% or 31.0 points to trade at 320.0 at the close. Meanwhile, Dainippon Screen Mfg. Co., Ltd. (T:7735) added 8.78% or 96.5 points to end at 1196.0 and Furukawa Co., Ltd. (T:5715) was up 7.19% or 11.0 points to 164.0 in late trade.

The worst performers of the session were Softbank Corp. (T:9984), which fell 10.32% or 620.0 points to trade at 5386.1 at the close. DOWA Holdings Co., Ltd. (T:5714) declined 3.42% or 20.0 points to end at 565.0 and Mitsubishi Materials Corp. (T:5711) was down 3.21% or 9.0 points to 271.5.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1472 to 475 and 110 ended unchanged.

Shares in Tokuyama Corp. (T:4043) rose to 52-week highs; up 10.73% or 31.0 to 320.0. Shares in Dainippon Screen Mfg. Co., Ltd. (T:7735) rose to 3-years highs; gaining 8.78% or 96.5 to 1196.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.25% to 29.15.

Crude oil for September delivery was down 0.22% or 0.10 to $45.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.17% or 0.08 to hit $46.88 a barrel, while the August Gold contract rose 0.09% or 1.25 to trade at $1330.55 a troy ounce.

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USD/JPY was down 0.26% to 105.88, while EUR/JPY fell 0.33% to 117.19.

The US Dollar Index was up 0.06% at 96.62.

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