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Japan shares higher at close of trade; Nikkei 225 up 1.16%

Published 30/10/2024, 06:30
© Reuters.  Japan shares higher at close of trade; Nikkei 225 up 1.16%
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Investing.com – Japan equities were higher at the close on Wednesday, as gains in the Shipbuilding, Finance & Investment and Banking sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 added 1.16%.

The biggest gainers of the session on the Nikkei 225 were Tokyo Gas Co., Ltd. (TYO:9531), which rose 8.71% or 283.00 points to trade at 3,532.00 at the close. Fujikura Ltd. (TYO:5803) added 6.40% or 338.00 points to end at 5,617.00 and Kansai Electric Power Co Inc (TYO:9503) was up 4.72% or 117.50 points to 2,607.00 in late trade.

Biggest losers included Sumitomo Dainippon Pharma Co Ltd (TYO:4506), which lost 13.39% or 83.00 points to trade at 537.00 in late trade. Hino Motors, Ltd. (TYO:7205) declined 13.34% or 62.50 points to end at 406.10 and Chugai Pharmaceutical Co., Ltd. (TYO:4519) shed 4.90% or 378.00 points to 7,340.00.

Advancing stocks outnumbered falling ones by 1844 to 1778 and 231 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 19.54% to 25.86.

In commodities trading, Crude oil for December delivery was up 0.95% or 0.64 to $67.85 a barrel. Meanwhile, Brent oil for delivery in January rose 0.83% or 0.59 to hit $71.32 a barrel, while the December Gold Futures contract rose 0.63% or 17.60 to trade at $2,798.70 a troy ounce.

USD/JPY was down 0.01% to 153.34, while EUR/JPY rose 0.03% to 165.95.

The US Dollar Index Futures was down 0.07% at 104.12.

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