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Japan shares higher at close of trade; Nikkei 225 up 1.38%

Published 2020-06-08, 03:35 a/m
© Reuters.  Japan shares higher at close of trade; Nikkei 225 up 1.38%
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Investing.com – Japan equities were higher at the close on Monday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 added 1.38% to hit a new 3-month high.

The biggest gainers of the session on the Nikkei 225 were Alps Electric Co., Ltd. (T:6770), which rose 9.20% or 135.0 points to trade at 1602.0 at the close. Nissan Motor Co., Ltd. (T:7201) added 7.83% or 35.4 points to end at 487.6 and Credit Saison Co., Ltd. (T:8253) was up 7.73% or 106.0 points to 1478.0 in late trade.

Biggest losers included Chugai Pharmaceutical Co., Ltd. (T:4519), which lost 4.13% or 675.0 points to trade at 15680.0 in late trade. Secom Co., Ltd. (T:9735) declined 2.76% or 267.0 points to end at 9400.0 and Yamato Holdings Co., Ltd. (T:9064) shed 2.70% or 65.0 points to 2338.0.

Advancing stocks outnumbered falling ones by 2658 to 914 and 130 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 26.02 a new 3-month low.

In commodities trading, Crude oil for July delivery was up 1.29% or 0.51 to $40.06 a barrel. Meanwhile, Brent oil for delivery in August rose 1.47% or 0.62 to hit $42.92 a barrel, while the August Gold Futures contract rose 0.73% or 12.25 to trade at $1695.25 a troy ounce.

USD/JPY was down 0.01% to 109.57, while EUR/JPY rose 0.09% to 123.80.

The US Dollar Index Futures was down 0.04% at 96.888.

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