Japan shares higher at close of trade; Nikkei 225 up 2.38%

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Japan shares higher at close of trade; Nikkei 225 up 2.38%
Credit: © Reuters.

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

At the close in Tokyo, the Nikkei 225 added 2.38%.

The biggest gainers of the session on the Nikkei 225 were Rakuten Inc (T: 4755 ), which rose 6.35% or 80.0 points to trade at 1339.0 at the close. Kawasaki Kisen Kaisha, Ltd. (T: 9107 ) added 5.50% or 150.0 points to end at 2877.0 and JFE Holdings, Inc. (T: 5411 ) was up 4.72% or 63.0 points to 1397.0 in late trade.

Biggest losers included Teijin Ltd. (T: 3401 ), which lost 0.95% or 17.0 points to trade at 1779.0 in late trade. Nippon Paper Industries Co., Ltd. (T: 3863 ) declined 0.93% or 12.0 points to end at 1282.0 and ANA Holdings Inc (T: 9202 ) shed 0.61% or 14.0 points to 2292.0.

Advancing stocks outnumbered falling ones by 2827 to 706 and 209 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 22.56.

In commodities trading, Crude oil for June delivery was down 0.70% or 0.43 to $60.92 a barrel. Meanwhile, Brent oil for delivery in June fell 0.63% or 0.41 to hit $64.91 a barrel, while the June Gold Futures contract fell 0.07% or 1.30 to trade at $1791.80 a troy ounce.

USD/JPY was down 0.18% to 107.86, while EUR/JPY fell 0.10% to 129.91.

The US Dollar Index Futures was down 0.11% at 91.025.

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