Japan stocks higher at close of trade; Nikkei 225 up 1.47%

Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Manufacturing, Precision Instruments and Electrical/Machinery sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 1.47% to hit a new 3-months high.

The best performers of the session on the Nikkei 225 were Toppan Printing Co., Ltd. (TYO:7911), which rose 8.45% or 315.00 points to trade at 4,043.00 at the close. Meanwhile, Sumitomo Dainippon Pharma Co Ltd (TYO:4506) added 5.62% or 24.00 points to end at 451.00 and Kawasaki Kisen Kaisha, Ltd. (TYO:9107) was up 5.58% or 323.00 points to 6,115.00 in late trade.

The worst performers of the session were Kansai Electric Power Co Inc (TYO:9503), which fell 4.67% or 89.00 points to trade at 1,815.00 at the close. Tokyo Gas Co., Ltd. (TYO:9531) declined 3.85% or 134.00 points to end at 3,346.00 and Chubu Electric Power Co., Inc. (TYO:9502) was down 2.98% or 55.00 points to 1,792.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1994 to 1637 and 260 ended unchanged.

Shares in Toppan Printing Co., Ltd. (TYO:7911) rose to 5-year highs; rising 8.45% or 315.00 to 4,043.00. Shares in Kawasaki Kisen Kaisha, Ltd. (TYO:9107) rose to all time highs; rising 5.58% or 323.00 to 6,115.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 7.73% to 17.08.

Crude oil for February delivery was up 0.20% or 0.15 to $74.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.10% or 0.08 to hit $79.31 a barrel, while the February Gold Futures contract rose 0.09% or 1.85 to trade at $2,053.95 a troy ounce.

USD/JPY was down 0.13% to 143.64, while EUR/JPY fell 0.34% to 157.40.

The US Dollar Index Futures was up 0.09% at 101.89.