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Japan stocks higher at close of trade; Nikkei 225 up 1.42%

Published 11/05/2024, 01:30 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 1.42%
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Investing.com – Japan stocks were higher after the close on Tuesday, as gains in the Glass, Transportation Equipment and Banking sectors led shares higher.

At the close in Tokyo, the Nikkei 225 added 1.42%.

The best performers of the session on the Nikkei 225 were Sumitomo Electric Industries Ltd. (TYO:5802), which rose 11.51% or 268.50 points to trade at 2,600.50 at the close. Meanwhile, Nomura Holdings Inc (TYO:8604) added 10.43% or 81.10 points to end at 858.70 and Sumitomo Dainippon Pharma Co Ltd (TYO:4506) was up 7.82% or 43.00 points to 593.00 in late trade.

The worst performers of the session were Yamaha Corp. (TYO:7951), which fell 13.21% or 164.50 points to trade at 1,081.00 at the close. NH Foods Ltd (TYO:2282) declined 9.45% or 498.00 points to end at 4,772.00 and Recruit Holdings Co Ltd (TYO:6098) was down 3.44% or 314.00 points to 8,827.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2201 to 1367 and 286 ended unchanged.

Shares in Yamaha Corp. (TYO:7951) fell to 5-year lows; losing 13.21% or 164.50 to 1,081.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.09% to 26.03.

Crude oil for December delivery was down 0.04% or 0.03 to $71.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.03% or 0.02 to hit $75.06 a barrel, while the December Gold Futures contract fell 0.12% or 3.35 to trade at $2,742.85 a troy ounce.

USD/JPY was up 0.12% to 152.32, while EUR/JPY rose 0.13% to 165.69.

The US Dollar Index Futures was up 0.02% at 103.81.

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