Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Construction, Marine Transport and Communication sectors led shares higher.
At the close in Tokyo, the Nikkei 225 rose 0.28% to hit a new 5-year high.
The best performers of the session on the Nikkei 225 were Tokai Carbon Co., Ltd. (T:5301), which rose 9.00% or 97.0 points to trade at 1175.0 at the close. Meanwhile, Pacific Metals Co., Ltd. (T:5541) added 3.76% or 112.0 points to end at 3090.0 and Fuji Electric Co., Ltd. (T:6504) was up 3.48% or 22.0 points to 654.0 in late trade.
The worst performers of the session were Kobe Steel, Ltd. (T:5406), which fell 35.95% or 491.5 points to trade at 875.5 at the close. Takashimaya Co., Ltd. (T:8233) declined 4.28% or 46.0 points to end at 1028.0 and Tosoh Corp. (T:4042) was down 4.21% or 107.0 points to 2435.0.
Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1808 to 1438 and 234 ended unchanged.
Shares in Tokai Carbon Co., Ltd. (T:5301) rose to 5-year highs; rising 9.00% or 97.0 to 1175.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.55% to 15.05.
Crude oil for November delivery was up 0.26% or 0.13 to $51.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.28% or 0.16 to hit $56.77 a barrel, while the December Gold Futures contract fell 0.21% or 2.75 to trade at $1291.05 a troy ounce.
USD/JPY was down 0.11% to 112.32, while EUR/JPY rose 0.10% to 132.92.
The US Dollar Index Futures was down 0.14% at 92.96.