Japan stocks higher at close of trade; Nikkei 225 up 0.41%

Investing.com – Japan stocks were higher after the close on Friday, as gains in the Precision Instruments, Shipbuilding and Banking sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.41% to hit a new 1-month high.

The best performers of the session on the Nikkei 225 were Kawasaki Kisen Kaisha, Ltd. (TYO:9107), which rose 4.07% or 199.00 points to trade at 5,085.00 at the close. Meanwhile, Kobe Steel, Ltd. (TYO:5406) added 3.88% or 71.00 points to end at 1,901.00 and Inpex Corp. (TYO:1605) was up 3.24% or 66.00 points to 2,101.00 in late trade.

The worst performers of the session were Eisai Co., Ltd. (TYO:4523), which fell 1.48% or 137.00 points to trade at 9,121.00 at the close. TDK Corp (TYO:6762) declined 1.35% or 72.00 points to end at 5,242.00 and Mitsubishi Motors Corp. (TYO:7211) was down 1.34% or 7.70 points to 565.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2564 to 1028 and 266 ended unchanged.

Shares in Kawasaki Kisen Kaisha, Ltd. (TYO:9107) rose to 5-year highs; rising 4.07% or 199.00 to 5,085.00. Shares in Kobe Steel, Ltd. (TYO:5406) rose to 5-year highs; gaining 3.88% or 71.00 to 1,901.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.44% to 17.74 a new 3-months low.

Crude oil for October delivery was up 0.55% or 0.46 to $84.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.52% or 0.45 to hit $87.28 a barrel, while the December Gold Futures contract rose 0.18% or 3.45 to trade at $1,969.35 a troy ounce.

USD/JPY was down 0.06% to 145.44, while EUR/JPY rose 0.06% to 157.90.

The US Dollar Index Futures was down 0.11% at 103.48.