Japan stocks higher at close of trade; Nikkei 225 up 2.31%

Investing.com – Japan stocks were higher after the close on Thursday, as gains in the Power, Insurance and Real Estate sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 2.31%.

The best performers of the session on the Nikkei 225 were NTN Corp. (TYO:6472), which rose 6.87% or 18.00 points to trade at 280.00 at the close. Meanwhile, Olympus Corp. (TYO:7733) added 4.75% or 140.50 points to end at 3,096.00 and Rakuten Inc (TYO:4755) was up 4.63% or 29.00 points to 656.00 in late trade.

The worst performers of the session were Mitsui Engineering&Shipbuilding (TYO:7003), which fell 1.62% or 7.00 points to trade at 426.00 at the close. Kawasaki Heavy Industries, Ltd. (TYO:7012) declined 1.62% or 43.00 points to end at 2,605.00 and Mitsui Fudosan Co., Ltd. (TYO:8801) was down 0.93% or 26.50 points to 2,824.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2830 to 713 and 226 ended unchanged.

Shares in Olympus Corp. (TYO:7733) rose to all time highs; up 4.75% or 140.50 to 3,096.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 5.98% to 20.90.

Crude oil for October delivery was up 1.03% or 0.84 to $82.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.94% or 0.83 to hit $88.83 a barrel, while the December Gold Futures contract rose 0.05% or 0.95 to trade at $1,728.75 a troy ounce.

USD/JPY was up 0.10% to 143.85, while EUR/JPY fell 0.07% to 143.63.

The US Dollar Index Futures was down 0.06% at 109.77.