Investing.com – Japan equities were higher at the close on Wednesday, as gains in the Construction, Marine Transport and Communication sectors propelled shares higher.
At the close in Tokyo, the Nikkei 225 gained 0.28% to hit a new 5-year high.
The biggest gainers of the session on the Nikkei 225 were Tokai Carbon Co., Ltd. (T:5301), which rose 9.00% or 97.0 points to trade at 1175.0 at the close. Pacific Metals Co., Ltd. (T:5541) added 3.76% or 112.0 points to end at 3090.0 and Fuji Electric Co., Ltd. (T:6504) was up 3.48% or 22.0 points to 654.0 in late trade.
Biggest losers included Kobe Steel, Ltd. (T:5406), which lost 35.95% or 491.5 points to trade at 875.5 in late trade. Takashimaya Co., Ltd. (T:8233) declined 4.28% or 46.0 points to end at 1028.0 and Tosoh Corp. (T:4042) shed 4.21% or 107.0 points to 2435.0.
Declining stocks outnumbered rising ones by 1808 to 1438 and 234 ended unchanged on the Tokyo Stock Exchange.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.55% to 15.05.
In commodities trading, Crude oil for November delivery was up 0.26% or 0.13 to $51.05 a barrel. Meanwhile, Brent oil for delivery in December rose 0.28% or 0.16 to hit $56.77 a barrel, while the December Gold Futures contract fell 0.22% or 2.81 to trade at $1290.99 a troy ounce.
USD/JPY was down 0.10% to 112.33, while EUR/JPY rose 0.10% to 132.92.
The US Dollar Index Futures was down 0.14% at 92.96.