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Japan shares higher at close of trade; Nikkei 225 up 0.50%

Published 05/10/2016, 07:55
© Reuters.  Japan shares higher at close of trade; Nikkei 225 up 0.50%
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Investing.com – Japan equities were higher at the close on Wednesday, as gains in the Transportation Equipment, Automobiles & Parts and Rubber sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 added 0.50%.

The biggest gainers of the session on the Nikkei 225 were Tokuyama Corp. (T:4043), which rose 7.03% or 32.0 points to trade at 487.0 at the close. Hitachi, Ltd. (T:6501) added 6.36% or 30.0 points to end at 501.8 and J.Front Retailing Co., Ltd. (T:3086) was up 6.15% or 83.0 points to 1432.0 in late trade.

Biggest losers included Sumitomo Metal Mining Co., Ltd. (T:5713), which lost 5.64% or 78.5 points to trade at 1313.0 in late trade. Toray Industries, Inc. (T:3402) declined 3.88% or 37.8 points to end at 936.5 and Tokyo Electric Power Co., Inc. (T:9501) shed 3.04% or 13.0 points to 414.5.

Advancing stocks outnumbered falling ones by 1263 to 658 and 144 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 2.25% to 20.47.

In commodities trading, Crude oil for November delivery was up 1.11% or 0.54 to $49.23 a barrel. Meanwhile, Brent oil for delivery in December rose 1.04% or 0.53 to hit $51.40 a barrel, while the December Gold contract rose 0.33% or 4.15 to trade at $1273.85 a troy ounce.

USD/JPY was up 0.09% to 102.98, while EUR/JPY rose 0.17% to 115.48.

The US Dollar Index was down 0.02% at 96.08.

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