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Japan stocks higher at close of trade; Nikkei 225 up 1.04%

Published 01/13/2021, 02:35 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 1.04%
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Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 1.04% 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 8.83% or 120.0 points to trade at 1479.0 at the close. Meanwhile, Showa Denko K.K. (T:4004) added 5.99% or 138.0 points to end at 2441.0 and Advantest Corp. (T:6857) was up 5.45% or 450.0 points to 8710.0 in late trade.

The worst performers of the session were Toho Co., Ltd. (T:9602), which fell 6.73% or 300.0 points to trade at 4155.0 at the close. Osaka Gas Co., Ltd. (T:9532) declined 3.78% or 82.0 points to end at 2089.0 and Kansai Electric Power Co Inc (T:9503) was down 3.74% or 39.5 points to 1017.5.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1992 to 1524 and 222 ended unchanged.

Shares in Tokai Carbon Co., Ltd. (T:5301) rose to 52-week highs; up 8.83% or 120.0 to 1479.0. Shares in Advantest Corp. (T:6857) rose to 5-year highs; up 5.45% or 450.0 to 8710.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 21.48.

Crude oil for February delivery was up 0.71% or 0.38 to $53.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.71% or 0.40 to hit $56.98 a barrel, while the February Gold Futures contract rose 0.92% or 17.00 to trade at $1861.20 a troy ounce.

USD/JPY was down 0.12% to 103.62, while EUR/JPY rose 0.01% to 126.64.

The US Dollar Index Futures was down 0.18% at 89.903.

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