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Japan stocks higher at close of trade; Nikkei 225 up 0.26%

Published 04/16/2018, 04:35 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 0.26%
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Investing.com – Japan stocks were higher after the close on Monday, as gains in the Shipbuilding, Machinery and Banking sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 0.26% to hit a new 1-month high.

The best performers of the session on the Nikkei 225 were Nippon Meat Packers, Inc. (T:2282), which rose 3.22% or 145.0 points to trade at 4645.0 at the close. Meanwhile, Sumitomo Dainippon Pharma Co Ltd (T:4506) added 3.03% or 58.0 points to end at 1972.0 and Familymart Ltd (T:8028) was up 2.85% or 260.0 points to 9390.0 in late trade.

The worst performers of the session were Fast Retailing Co., Ltd. (T:9983), which fell 2.30% or 1080.0 points to trade at 45790.0 at the close. Toho Zinc Co., Ltd. (T:5707) declined 1.97% or 100.0 points to end at 4980.0 and Yahoo Japan Corp. (T:4689) was down 1.63% or 7.5 points to 452.5.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1789 to 1572 and 186 ended unchanged.

Shares in Sumitomo Dainippon Pharma Co Ltd (T:4506) rose to 52-week highs; gaining 3.03% or 58.0 to 1972.0. Shares in Yahoo Japan Corp. (T:4689) fell to 52-week lows; falling 1.63% or 7.5 to 452.5.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 6.86% to 18.46 a new 1-month low.

Crude oil for May delivery was down 1.39% or 0.94 to $66.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.52% or 1.10 to hit $71.48 a barrel, while the June Gold Futures contract rose 0.04% or 0.50 to trade at $1348.40 a troy ounce.

USD/JPY was down 0.18% to 107.22, while EUR/JPY rose 0.09% to 132.53.

The US Dollar Index Futures was down 0.22% at 89.31.

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