Japan shares higher at close of trade; Nikkei 225 up 0.05%

Investing.com – Japan equities were higher at the close on Wednesday, as gains in the Communication , Rubber and Banking sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 added 0.05%.

The biggest gainers of the session on the Nikkei 225 were Mitsui Engineering & Shipbuilding (T: 7003 ), which rose 3.52% or 29.0 points to trade at 852.0 at the close. Tokyu Fudosan (T: 3289 ) added 3.34% or 21.0 points to end at 649.0 and Taiyo Yuden Co., Ltd. (T: 6976 ) was up 3.19% or 62.0 points to 2005.0 in late trade.

Biggest losers included Suzuki Motor Corp. (T: 7269 ), which lost 5.52% or 299.0 points to trade at 5117.0 in late trade. NKSJ Holdings, Inc. (T: 8630 ) declined 4.00% or 165.0 points to end at 3956.0 and Toho Co., Ltd. (T: 9602 ) shed 3.78% or 180.0 points to 4585.0.

Advancing stocks outnumbered falling ones by 1812 to 1654 and 227 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was down 2.05% to 18.18.

In commodities trading, Crude oil for July delivery was down 0.97% or 0.61 to $62.52 a barrel. Meanwhile, Brent oil for delivery in July fell 0.60% or 0.43 to hit $71.75 a barrel, while the June Gold Futures contract fell 0.07% or 0.95 to trade at $1272.25 a troy ounce.

USD/JPY was down 0.07% to 110.41, while EUR/JPY fell 0.12% to 123.13.

The US Dollar Index Futures was up 0.06% at 97.950.