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Japan shares higher at close of trade; Nikkei 225 up 8.13%

Published 2020-03-25, 03:35 a/m
Updated 2020-03-25, 03:35 a/m
© Reuters.  Japan shares higher at close of trade; Nikkei 225 up 8.13%

Investing.com – Japan equities were higher at the close on Wednesday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 gained 8.13%.

The biggest gainers of the session on the Nikkei 225 were Tokyu Fudosan (T:3289), which rose 19.76% or 100.0 points to trade at 606.0 at the close. Sumitomo Realty & Development Co. (T:8830) added 19.73% or 500.0 points to end at 3034.0 and Tokyo Tatemono Co., Ltd. (T:8804) was up 16.92% or 179.0 points to 1237.0 in late trade.

Biggest losers included Unitika, Ltd. (T:3103), which lost 1.47% or 4.0 points to trade at 269.0 in late trade. Chugai Pharmaceutical Co., Ltd. (T:4519) declined 1.03% or 120.0 points to end at 11530.0 and Takashimaya Co., Ltd. (T:8233) gained 0.30% or 3.0 points to 1013.0.

Advancing stocks outnumbered falling ones by 3601 to 169 and 50 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 54.47.

In commodities trading, Crude oil for May delivery was up 3.21% or 0.77 to $24.78 a barrel. Meanwhile, Brent oil for delivery in May rose 2.28% or 0.62 to hit $27.77 a barrel, while the April Gold Futures contract rose 0.08% or 1.25 to trade at $1662.05 a troy ounce.

USD/JPY was up 0.08% to 111.30, while EUR/JPY rose 0.39% to 120.43.

The US Dollar Index Futures was down 0.66% at 101.570.

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