Investing.com – Japan equities were higher at the close on Tuesday, as gains in the Shipbuilding, Non-Metal Minerals and Communication sectors propelled shares higher.
At the close in Tokyo, the Nikkei 225 gained 2.97% to hit a new 5-year high.
The biggest gainers of the session on the Nikkei 225 were Tokyo Electron Ltd. (TYO:8035), which rose 13.33% or 3,965.00 points to trade at 33,720.00 at the close. Tokio Marine Holdings, Inc. (TYO:8766) added 11.00% or 424.00 points to end at 4,277.00 and MS&AD Insurance Group Holdings (TYO:8725) was up 10.82% or 646.00 points to 6,616.00 in late trade.
Biggest losers included JGC Corp. (TYO:1963), which lost 17.45% or 301.00 points to trade at 1,423.50 in late trade. Nippon Paper Industries Co., Ltd. (TYO:3863) declined 15.71% or 222.00 points to end at 1,191.00 and Nippon Sheet Glass Co., Ltd. (TYO:5202) shed 9.59% or 58.00 points to 547.00.
Advancing stocks outnumbered falling ones by 2482 to 1224 and 184 ended unchanged on the Tokyo Stock Exchange.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 2.78% to 19.25.
In commodities trading, Crude oil for March delivery was up 0.31% or 0.24 to $77.16 a barrel. Meanwhile, Brent oil for delivery in April rose 0.22% or 0.18 to hit $82.18 a barrel, while the April Gold Futures contract rose 0.10% or 1.95 to trade at $2,034.95 a troy ounce.
USD/JPY was up 0.11% to 149.50, while EUR/JPY rose 0.07% to 160.99.
The US Dollar Index Futures was up 0.02% at 104.07.