Japan stocks higher at close of trade; Nikkei 225 up 1.97%

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

At the close in Tokyo, the Nikkei 225 added 1.97%.

The best performers of the session on the Nikkei 225 were Kawasaki Heavy Industries, Ltd. (TYO:7012), which rose 8.30% or 482.00 points to trade at 6,287.00 at the close. Meanwhile, Mitsubishi Heavy Industries, Ltd. (TYO:7011) added 7.84% or 166.00 points to end at 2,283.50 and Japan Steel Works Ltd (TYO:5631) was up 7.74% or 389.00 points to 5,413.00 in late trade.

The worst performers of the session were Trend Micro Inc. (TYO:4704), which fell 1.44% or 122.00 points to trade at 8,364.00 at the close. ANA Holdings Inc (TYO:9202) declined 1.43% or 44.00 points to end at 3,025.00 and Nitori Holdings Co Ltd (TYO:9843) was down 1.42% or 310.00 points to 21,485.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2774 to 869 and 219 ended unchanged.

Shares in Mitsubishi Heavy Industries, Ltd. (TYO:7011) rose to all time highs; rising 7.84% or 166.00 to 2,283.50. Shares in Japan Steel Works Ltd (TYO:5631) rose to 5-year highs; rising 7.74% or 389.00 to 5,413.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 6.49% to 28.23.

Crude oil for November delivery was up 0.12% or 0.08 to $68.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.11% or 0.08 to hit $71.78 a barrel, while the December Gold Futures contract rose 0.24% or 6.45 to trade at $2,665.85 a troy ounce.

USD/JPY was up 0.58% to 144.46, while EUR/JPY rose 0.60% to 160.88.

The US Dollar Index Futures was up 0.03% at 100.55.