Japan stocks higher at close of trade; Nikkei 225 up 0.12%

Investing.com – Japan stocks were higher after the close on Tuesday, as gains in the Paper&Pulp, Shipbuilding and Railway&Bus sectors led shares higher.

At the close in Tokyo, the Nikkei 225 added 0.12%.

The best performers of the session on the Nikkei 225 were IHI Corp. (TYO:7013), which rose 8.55% or 315.00 points to trade at 3,998.00 at the close. Meanwhile, Japan Steel Works Ltd (TYO:5631) added 4.98% or 160.00 points to end at 3,371.00 and Fuji Electric Co., Ltd. (TYO:6504) was up 4.22% or 416.00 points to 10,275.00 in late trade.

The worst performers of the session were Tokyu Corp. (TYO:9005), which fell 8.32% or 173.00 points to trade at 1,906.50 at the close. Nissan Motor Co., Ltd. (TYO:7201) declined 3.78% or 23.80 points to end at 605.10 and Odakyu Electric Railway Co., Ltd. (TYO:9007) was down 2.34% or 52.00 points to 2,170.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1825 to 1817 and 246 ended unchanged.

Shares in Japan Steel Works Ltd (TYO:5631) rose to 52-week highs; rising 4.98% or 160.00 to 3,371.00. Shares in Fuji Electric Co., Ltd. (TYO:6504) rose to all time highs; gaining 4.22% or 416.00 to 10,275.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.75% to 18.50 a new 1-month low.

Crude oil for May delivery was down 0.06% or 0.05 to $81.90 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.03% or 0.03 to hit $86.05 a barrel, while the April Gold Futures contract fell 0.18% or 3.85 to trade at $2,172.55 a troy ounce.

USD/JPY was down 0.06% to 151.32, while EUR/JPY rose 0.06% to 164.19.

The US Dollar Index Futures was down 0.10% at 103.82.