Japan stocks higher at close of trade; Nikkei 225 up 0.75%

Investing.com – Japan stocks were higher after the close on Tuesday, as gains in the Insurance, Textile and Paper & Pulp sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.75%.

The best performers of the session on the Nikkei 225 were Japan Steel Works Ltd (TYO:5631), which rose 9.93% or 441.00 points to trade at 4,881.00 at the close. Meanwhile, IHI Corp. (TYO:7013) added 5.44% or 382.00 points to end at 7,406.00 and Fujikura Ltd. (TYO:5803) was up 5.29% or 244.00 points to 4,860.00 in late trade.

The worst performers of the session were Renesas Electronics Corp (TYO:6723), which fell 4.74% or 100.50 points to trade at 2,018.00 at the close. Daiichi Sankyo Co., Ltd. (TYO:4568) declined 4.25% or 210.00 points to end at 4,734.00 and Kyowa Kirin Co Ltd (TYO:4151) was down 3.40% or 109.00 points to 3,100.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1825 to 1785 and 268 ended unchanged.

Shares in Japan Steel Works Ltd (TYO:5631) rose to 5-year highs; rising 9.93% or 441.00 to 4,881.00. Shares in IHI Corp. (TYO:7013) rose to 5-year highs; gaining 5.44% or 382.00 to 7,406.00. Shares in Fujikura Ltd. (TYO:5803) rose to all time highs; rising 5.29% or 244.00 to 4,860.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 5.20% to 25.73.

Crude oil for November delivery was up 1.24% or 0.87 to $71.24 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.08% or 0.79 to hit $74.00 a barrel, while the December Gold Futures contract fell 0.05% or 1.40 to trade at $2,651.10 a troy ounce.

USD/JPY was up 0.54% to 144.38, while EUR/JPY rose 0.52% to 160.36.

The US Dollar Index Futures was up 0.18% at 100.74.