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Japan stocks higher at close of trade; Nikkei 225 up 0.95%

Published 03/02/2020, 02:35 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 0.95%
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JNIV
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4689
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8031
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6701
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5233
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5411
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7003
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NTIM
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Investing.com – Japan stocks were higher after the close on Monday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.95%.

The best performers of the session on the Nikkei 225 were Mitsui Engineering & Shipbuilding (T:7003), which rose 6.57% or 51.0 points to trade at 827.0 at the close. Meanwhile, NEC Corp. (T:6701) added 5.82% or 235.0 points to end at 4275.0 and Yahoo Japan Corp. (T:4689) was up 5.34% or 21.0 points to 414.0 in late trade.

The worst performers of the session were Mitsui & Co., Ltd. (T:8031), which fell 2.86% or 51.0 points to trade at 1732.5 at the close. Taiheiyo Cement Corp. (T:5233) declined 2.85% or 76.0 points to end at 2587.0 and JFE Holdings, Inc. (T:5411) was down 2.50% or 25.0 points to 977.0.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 3196 to 542 and 71 ended unchanged.

Shares in JFE Holdings, Inc. (T:5411) fell to 5-year lows; falling 2.50% or 25.0 to 977.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 42.81 a new 3-years high.

Crude oil for April delivery was up 2.32% or 1.04 to $45.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 2.54% or 1.26 to hit $50.93 a barrel, while the April Gold Futures contract rose 2.22% or 34.75 to trade at $1601.45 a troy ounce.

USD/JPY was up 0.24% to 108.33, while EUR/JPY rose 0.82% to 119.86.

The US Dollar Index Futures was down 0.22% at 97.868.

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