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Japan stocks higher at close of trade; Nikkei 225 up 1.24%

Published 06/20/2018, 04:35 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 1.24%
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Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Machinery, Chemical, Petroleum & Plastic and Mining sectors led shares higher.

At the close in Tokyo, the Nikkei 225 added 1.24%.

The best performers of the session on the Nikkei 225 were Daiichi Sankyo Co., Ltd. (T:4568), which rose 5.15% or 207.0 points to trade at 4230.0 at the close. Meanwhile, Credit Saison Co., Ltd. (T:8253) added 3.68% or 63.0 points to end at 1776.0 and Fast Retailing Co., Ltd. (T:9983) was up 3.48% or 1740.0 points to 51790.0 in late trade.

The worst performers of the session were Kobe Steel, Ltd. (T:5406), which fell 4.20% or 46.0 points to trade at 1049.5 at the close. Sumitomo Osaka Cement Co., Ltd. (T:5232) declined 3.62% or 19.0 points to end at 506.0 and Showa Denko K.K. (T:4004) was down 2.49% or 115.0 points to 4500.0.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1991 to 1392 and 190 ended unchanged.

Shares in Daiichi Sankyo Co., Ltd. (T:4568) rose to all time highs; up 5.15% or 207.0 to 4230.0. Shares in Fast Retailing Co., Ltd. (T:9983) rose to 52-week highs; rising 3.48% or 1740.0 to 51790.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 21.86% to 19.79 a new 1-month high.

Crude oil for August delivery was up 0.71% or 0.46 to $65.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.60% or 0.45 to hit $75.53 a barrel, while the August Gold Futures contract fell 0.35% or 4.50 to trade at $1274.10 a troy ounce.

USD/JPY was up 0.09% to 110.15, while EUR/JPY fell 0.17% to 127.34.

The US Dollar Index Futures was up 0.22% at 94.86.

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