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

Published 2018-12-26, 03:35 a/m
© Reuters.  Japan shares higher at close of trade; Nikkei 225 up 0.89%
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Investing.com – Japan equities were higher at the close on Wednesday, as gains in the Shipbuilding, Precision Instruments and Transport sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 added 0.89%.

The biggest gainers of the session on the Nikkei 225 were Olympus Corp. (T:7733), which rose 6.70% or 205.0 points to trade at 3265.0 at the close. Furukawa Co., Ltd. (T:5715) added 4.26% or 48.0 points to end at 1174.0 and Nippon Light Metal Holdings Co. (T:5703) was up 3.92% or 8.0 points to 212.0 in late trade.

Biggest losers included SUMCO Corp. (T:3436), which lost 5.14% or 62.0 points to trade at 1145.0 in late trade. Japan Tobacco Inc (T:2914) declined 2.92% or 75.5 points to end at 2511.5 and Showa Denko K.K. (T:4004) shed 2.19% or 70.0 points to 3130.0.

Advancing stocks outnumbered falling ones by 3065 to 589 and 93 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 22.90% to 32.25 a new 6-month high.

In commodities trading, Crude oil for February delivery was up 1.03% or 0.44 to $42.97 a barrel. Meanwhile, Brent oil for delivery in March fell 0.33% or 0.17 to hit $50.60 a barrel, while the February Gold Futures contract rose 0.38% or 4.85 to trade at $1276.65 a troy ounce.

USD/JPY was up 0.17% to 110.47, while EUR/JPY rose 0.06% to 125.85.

The US Dollar Index Futures was up 0.18% at 96.178.

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