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Japan shares higher at close of trade; Nikkei 225 up 0.60%

Published 04/07/2016, 07:55
Japan shares higher at close of trade; Nikkei 225 up 0.60%
JP225
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JNIV
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2914
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5002
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6753
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5707
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5713
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1333
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NCMU
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NFIN
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NTEX
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Investing.com – Japan equities were higher at the close on Monday, as gains in the Financial Services, Communication and Textile sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 added 0.60%.

The biggest gainers of the session on the Nikkei 225 were Toho Zinc Co., Ltd. (T:5707), which rose 7.17% or 23.0 points to trade at 344.0 at the close. Sumitomo Metal Mining Co., Ltd. (T:5713) added 5.88% or 60.5 points to end at 1090.0 and Japan Tobacco Inc (T:2914) was up 4.63% or 191.0 points to 4315.0 in late trade.

Biggest losers included Sharp Corp. (T:6753), which lost 4.52% or 5.0 points to trade at 105.5 in late trade. Showa Shell Sekiyu K.K. (T:5002) declined 2.88% or 27.0 points to end at 909.0 and Maruha Nichiro Corp (T:1333) shed 2.70% or 78.0 points to 2811.0.

Advancing stocks outnumbered falling ones by 1177 to 727 and 138 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 2.39% to 26.96.

In commodities trading, Crude oil for August delivery was up 0.45% or 0.22 to $49.21 a barrel. Meanwhile, Brent oil for delivery in September rose 0.54% or 0.27 to hit $50.62 a barrel, while the August Gold contract rose 1.10% or 14.75 to trade at $1353.75 a troy ounce.

USD/JPY was up 0.24% to 102.72, while EUR/JPY rose 0.21% to 114.41.

The US Dollar Index was down 0.03% at 95.69.

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