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Japan stocks higher at close of trade; Nikkei 225 up 0.60%

Published 10/25/2023, 04:35 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 0.60%

Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Mining, Paper & Pulp and Steel sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 0.60%.

The best performers of the session on the Nikkei 225 were IHI Corp. (TYO:7013), which rose 4.61% or 126.50 points to trade at 2,871.50 at the close. Meanwhile, Dainippon Screen Mfg. Co., Ltd. (TYO:7735) added 3.43% or 248.00 points to end at 7,488.00 and Kawasaki Heavy Industries, Ltd. (TYO:7012) was up 2.94% or 97.00 points to 3,399.00 in late trade.

The worst performers of the session were Mitsubishi Motors Corp. (TYO:7211), which fell 2.12% or 11.10 points to trade at 511.30 at the close. Isuzu Motors, Ltd. (TYO:7202) declined 1.56% or 27.50 points to end at 1,740.50 and Furukawa Electric Co., Ltd. (TYO:5801) was down 1.52% or 35.00 points to 2,274.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2252 to 1394 and 229 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 3.25% to 23.20 a new 6-months high.

Crude oil for December delivery was up 0.17% or 0.14 to $83.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.27% or 0.24 to hit $88.31 a barrel, while the December Gold Futures contract fell 0.10% or 1.95 to trade at $1,984.15 a troy ounce.

USD/JPY was down 0.01% to 149.90, while EUR/JPY rose 0.03% to 158.80.

The US Dollar Index Futures was up 0.02% at 106.10.

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