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Japan shares higher at close of trade; Nikkei 225 up 1.49%

Published 2020-05-19, 03:35 a/m
© Reuters.  Japan shares higher at close of trade; Nikkei 225 up 1.49%
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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 added 1.49% to hit a new 1-month high.

The biggest gainers of the session on the Nikkei 225 were Sony Financial Holdings Inc. (T:8729), which rose 16.86% or 348.0 points to trade at 2412.0 at the close. Mitsui Engineering & Shipbuilding (T:7003) added 7.88% or 39.0 points to end at 534.0 and Yamato Holdings Co., Ltd. (T:9064) was up 7.49% or 145.0 points to 2082.0 in late trade.

Biggest losers included Softbank Group Corp. (T:9984), which lost 2.75% or 127.0 points to trade at 4494.0 in late trade. Nichirei Corp. (T:2871) declined 2.69% or 81.0 points to end at 2934.0 and Maruha Nichiro Corp (T:1333) shed 1.84% or 42.0 points to 2246.0.

Advancing stocks outnumbered falling ones by 2726 to 901 and 151 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 30.67.

In commodities trading, Crude oil for July delivery was up 1.14% or 0.36 to $32.01 a barrel. Meanwhile, Brent oil for delivery in July rose 1.18% or 0.41 to hit $35.22 a barrel, while the June Gold Futures contract rose 0.01% or 0.10 to trade at $1734.50 a troy ounce.

USD/JPY was up 0.13% to 107.47, while EUR/JPY rose 0.36% to 117.51.

The US Dollar Index Futures was down 0.18% at 99.498.

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