Japan shares higher at close of trade; Nikkei 225 up 0.89%

Investing.com – Japan equities were higher at the close on Wednesday, as gains in the Paper & Pulp , Railway & Bus and Real Estate sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 added 0.89% to hit a new 3-month high.

The biggest gainers of the session on the Nikkei 225 were Softbank Group Corp. (T: 9984 ), which rose 4.64% or 322.0 points to trade at 7265.0 at the close. Nikon Corp. (T: 7731 ) added 4.18% or 51.0 points to end at 1270.0 and Rakuten Inc (T: 4755 ) was up 3.89% or 43.0 points to 1147.0 in late trade.

Biggest losers included JFE Holdings, Inc. (T: 5411 ), which lost 1.94% or 37.0 points to trade at 1875.0 in late trade. Chugai Pharmaceutical Co., Ltd. (T: 4519 ) declined 1.86% or 82.0 points to end at 4327.0 and Nippon Express Co., Ltd. (T: 9062 ) shed 1.48% or 120.0 points to 8010.0.

Advancing stocks outnumbered falling ones by 2441 to 1048 and 269 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 20.40.

In commodities trading, Crude oil for October delivery was up 0.54% or 0.37 to $68.72 a barrel. Meanwhile, Brent oil for delivery in November rose 0.38% or 0.27 to hit $71.96 a barrel, while the December Gold Futures contract rose 0.26% or 4.65 to trade at $1803.15 a troy ounce.

USD/JPY was down 0.05% to 110.21, while EUR/JPY fell 0.01% to 130.52.

The US Dollar Index Futures was up 0.05% at 92.558.