Japan shares higher at close of trade; Nikkei 225 up 2.66%

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

At the close in Tokyo, the Nikkei 225 rose 2.66% to hit a new 5-year high.

The biggest gainers of the session on the Nikkei 225 were Sumitomo Dainippon Pharma Co Ltd (T: 4506 ), which rose 16.47% or 213.0 points to trade at 1506.0 at the close. IHI Corp. (T: 7013 ) added 6.17% or 119.0 points to end at 2047.0 and Yokogawa Electric Corp. (T: 6841 ) was up 5.11% or 103.0 points to 2120.0 in late trade.

Biggest losers included Japan Tobacco Inc (T: 2914 ), which lost 4.39% or 96.0 points to trade at 2090.0 in late trade. Hitachi Zosen Corp. (T: 7004 ) declined 2.20% or 13.0 points to end at 578.0 and Inpex Corp. (T: 1605 ) shed 1.92% or 11.0 points to 562.0.

Advancing stocks outnumbered falling ones by 2962 to 638 and 146 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 19.40.

In commodities trading, Crude oil for February delivery was up 0.80% or 0.38 to $48.00 a barrel. Meanwhile, Brent oil for delivery in March rose 0.73% or 0.37 to hit $51.27 a barrel, while the February Gold Futures contract rose 0.07% or 1.40 to trade at $1881.80 a troy ounce.

USD/JPY was down 0.10% to 103.67, while EUR/JPY rose 0.17% to 126.99.

The US Dollar Index Futures was down 0.31% at 89.993.