Japan stocks higher at close of trade; Nikkei 225 up 0.42%

Investing.com – Japan stocks were higher after the close on Friday, as gains in the Shipbuilding, Precision Instruments and Chemical sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.42%.

The best performers of the session on the Nikkei 225 were Fast Retailing Co., Ltd. (TYO:9983), which rose 6.09% or 3,130.00 points to trade at 54,490.00 at the close. Meanwhile, Fujikura Ltd. (TYO:5803) added 5.53% or 286.00 points to end at 5,456.00 and Furukawa Electric Co., Ltd. (TYO:5801) was up 4.66% or 169.00 points to 3,792.00 in late trade.

The worst performers of the session were Mitsubishi Estate Co Ltd (TYO:8802), which fell 2.84% or 69.00 points to trade at 2,359.50 at the close. Yokohama Rubber Co Ltd (TYO:5101) declined 2.63% or 86.00 points to end at 3,180.00 and Kansai Electric Power Co Inc (TYO:9503) was down 2.55% or 67.00 points to 2,564.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2258 to 1287 and 304 ended unchanged.

Shares in Fast Retailing Co., Ltd. (TYO:9983) rose to all time highs; up 6.09% or 3,130.00 to 54,490.00. Shares in Fujikura Ltd. (TYO:5803) rose to all time highs; up 5.53% or 286.00 to 5,456.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 4.35% to 32.08.

Crude oil for November delivery was up 2.62% or 1.92 to $75.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 2.69% or 2.06 to hit $78.64 a barrel, while the December Gold Futures contract rose 1.24% or 32.45 to trade at $2,658.45 a troy ounce.

USD/JPY was up 0.19% to 148.84, while EUR/JPY fell 0.29% to 162.80.

The US Dollar Index Futures was up 0.01% at 102.71.