Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Mining, Insurance and Chemical, Petroleum & Plastic sectors led shares higher.
At the close in Tokyo, the Nikkei 225 rose 3.00% to hit a new 1-month high.
The best performers of the session on the Nikkei 225 were Softbank Group Corp. (T:9984), which rose 7.22% or 365.00 points to trade at 5,421.00 at the close. Meanwhile, Taiyo Yuden Co., Ltd. (T:6976) added 6.03% or 320.00 points to end at 5,630.00 and Daiichi Sankyo Co., Ltd. (T:4568) was up 5.87% or 142.00 points to 2,560.50 in late trade.
The worst performers of the session were Kawasaki Kisen Kaisha, Ltd. (T:9107), which fell 4.31% or 380.00 points to trade at 8,430.00 at the close. Mitsui O.S.K. Lines, Ltd. (T:9104) declined 2.97% or 340.00 points to end at 11,100.00 and Nippon Yusen K.K (T:9101) was down 2.96% or 360.00 points to 11,810.00.
Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 3006 to 627 and 173 ended unchanged.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 3.52% to 24.40 a new 1-month low.
Crude oil for May delivery was up 0.57% or 0.62 to $109.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.69% or 0.80 to hit $116.28 a barrel, while the April Gold Futures contract fell 0.09% or 1.80 to trade at $1,919.70 a troy ounce.
USD/JPY was up 0.21% to 121.06, while EUR/JPY rose 0.17% to 133.43.
The US Dollar Index Futures was up 0.03% at 98.56.