Japan stocks higher at close of trade; Nikkei 225 up 0.97%

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

At the close in Tokyo, the Nikkei 225 gained 0.97%.

The best performers of the session on the Nikkei 225 were Nippon Light Metal Holdings Co. (TYO:5703), which rose 5.98% or 96.00 points to trade at 1,701.00 at the close. Meanwhile, Alps Electric Co., Ltd. (TYO:6770) added 4.41% or 53.50 points to end at 1,267.50 and Tokyo Tatemono Co., Ltd. (TYO:8804) was up 4.22% or 84.50 points to 2,085.50 in late trade.

The worst performers of the session were IHI Corp. (TYO:7013), which fell 15.81% or 598.00 points to trade at 3,185.00 at the close. Kawasaki Heavy Industries, Ltd. (TYO:7012) declined 5.89% or 238.00 points to end at 3,800.00 and Mitsubishi Heavy Industries, Ltd. (TYO:7011) was down 4.05% or 356.00 points to 8,425.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2456 to 1136 and 260 ended unchanged.

Shares in Nippon Light Metal Holdings Co. (TYO:5703) rose to 52-week highs; up 5.98% or 96.00 to 1,701.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.97% to 16.90.

Crude oil for October delivery was up 0.29% or 0.25 to $87.54 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.19% or 0.17 to hit $90.81 a barrel, while the December Gold Futures contract fell 0.26% or 5.15 to trade at $1,942.05 a troy ounce.

USD/JPY was up 0.19% to 146.86, while EUR/JPY fell 0.06% to 157.50.

The US Dollar Index Futures was up 0.18% at 104.37.