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Japan stocks higher at close of trade; Nikkei 225 up 0.86%

Published 04/24/2018, 04:35 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 0.86%
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Investing.com – Japan stocks were higher after the close on Tuesday, as gains in the Insurance, Banking and Finance & Investment sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 0.86% to hit a new 1-month high.

The best performers of the session on the Nikkei 225 were Yamaha Corp. (T:7951), which rose 4.32% or 215.0 points to trade at 5190.0 at the close. Meanwhile, Kawasaki Heavy Industries, Ltd. (T:7012) added 3.64% or 130.0 points to end at 3697.5 and Hitachi Ltd (T:6501) was up 3.50% or 28.0 points to 829.1 in late trade.

The worst performers of the session were IHI Corp. (T:7013), which fell 6.45% or 240.0 points to trade at 3482.5 at the close. Pacific Metals Co., Ltd. (T:5541) declined 6.29% or 250.0 points to end at 3725.0 and Sumitomo Metal Mining Co., Ltd. (T:5713) was down 5.31% or 259.0 points to 4618.0.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2412 to 960 and 185 ended unchanged.

Shares in Yamaha Corp. (T:7951) rose to all time highs; rising 4.32% or 215.0 to 5190.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 2.00% to 16.32.

Crude oil for June delivery was up 0.61% or 0.42 to $69.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.39% or 0.29 to hit $75.00 a barrel, while the June Gold Futures contract rose 0.30% or 4.00 to trade at $1328.00 a troy ounce.

USD/JPY was up 0.09% to 108.81, while EUR/JPY rose 0.01% to 132.73.

The US Dollar Index Futures was up 0.07% at 90.75.

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