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Japan shares higher at close of trade; Nikkei 225 up 1.79%

Published 12/03/2019, 08:35
© Reuters.  Japan shares higher at close of trade; Nikkei 225 up 1.79%
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Investing.com – Japan equities were higher at the close on Tuesday, as gains in the Shipbuilding, Machinery and Precision Instruments sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 rose 1.79%.

The biggest gainers of the session on the Nikkei 225 were Sumitomo Dainippon Pharma Co Ltd (T:4506), which rose 5.05% or 143.0 points to trade at 2977.0 at the close. Yaskawa Electric Corp. (T:6506) added 4.68% or 145.0 points to end at 3245.0 and TDK Corp (T:6762) was up 4.57% or 400.0 points to 9160.0 in late trade.

Biggest losers included Suzuki Motor Corp. (T:7269), which lost 0.99% or 52.0 points to trade at 5187.0 in late trade. Chiyoda Corp. (T:6366) declined 0.71% or 2.0 points to end at 280.0 and Kirin Holdings Co., Ltd. (T:2503) shed 0.62% or 16.0 points to 2555.5.

Advancing stocks outnumbered falling ones by 2947 to 586 and 180 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 5.65% to 18.69.

In commodities trading, Crude oil for April delivery was up 0.53% or 0.30 to $57.09 a barrel. Meanwhile, Brent oil for delivery in May rose 0.50% or 0.33 to hit $66.91 a barrel, while the April Gold Futures contract rose 0.37% or 4.75 to trade at $1295.85 a troy ounce.

USD/JPY was up 0.16% to 111.36, while EUR/JPY rose 0.35% to 125.51.

The US Dollar Index Futures was down 0.22% at 96.960.

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