Japan stocks higher at close of trade; Nikkei 225 up 0.98%

Investing.com – Japan stocks were higher after the close on Monday, as gains in the Retail, Mining and Machinery sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.98% to hit a new 5-year high.

The best performers of the session on the Nikkei 225 were Kawasaki Kisen Kaisha, Ltd. (TYO:9107), which rose 9.60% or 624.00 points to trade at 7,121.00 at the close. Meanwhile, SKY Perfect JSAT Holdings Inc. (TYO:9412) added 6.44% or 46.00 points to end at 760.00 and Daiwa Securities Group Inc. (TYO:8601) was up 5.94% or 60.00 points to 1,069.50 in late trade.

The worst performers of the session were CyberAgent Inc (TYO:4751), which fell 2.46% or 22.50 points to trade at 892.30 at the close. Shiseido Co., Ltd. (TYO:4911) declined 2.20% or 93.00 points to end at 4,128.00 and Hino Motors, Ltd. (TYO:7205) was down 1.79% or 9.10 points to 498.60.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2640 to 1052 and 199 ended unchanged.

Shares in Kawasaki Kisen Kaisha, Ltd. (TYO:9107) rose to all time highs; gaining 9.60% or 624.00 to 7,121.00. Shares in SKY Perfect JSAT Holdings Inc. (TYO:9412) rose to 5-year highs; up 6.44% or 46.00 to 760.00. Shares in Daiwa Securities Group Inc. (TYO:8601) rose to 5-year highs; up 5.94% or 60.00 to 1,069.50.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 6.26% to 22.40 a new 1-month high.

Crude oil for March delivery was down 0.01% or 0.01 to $72.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.09% or 0.07 to hit $78.36 a barrel, while the February Gold Futures contract rose 0.41% or 8.35 to trade at $2,059.95 a troy ounce.

USD/JPY was up 0.22% to 145.21, while EUR/JPY rose 0.17% to 158.89.

The US Dollar Index Futures was down 0.03% at 102.12.