NIKKEI

Japan stocks higher at close of trade; Nikkei 225 up 0.91%

Japan stocks were higher after the close on Thursday, as gains in the Shipbuilding, Textile and Marine Transport sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.91%.

The best performers of the session on the Nikkei 225 were Japan Steel Works Ltd (TYO:5631), which rose 15.86% or 843.00 points to trade at 6,159.00 at the close. Meanwhile, Mitsubishi Heavy Industries, Ltd. (TYO:7011) added 10.79% or 245.50 points to end at 2,520.50 and Okuma Corp. (TYO:6103) was up 8.04% or 265.00 points to 3,560.00 in late trade.

The worst performers of the session were Mitsubishi Logistics Corp. (TYO:9301), which fell 4.84% or 49.90 points to trade at 980.10 at the close. Furukawa Electric Co., Ltd. (TYO:5801) declined 3.47% or 206.00 points to end at 5,724.00 and Chugai Pharmaceutical Co., Ltd. (TYO:4519) was down 2.10% or 158.00 points to 7,352.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2597 to 1009 and 254 ended unchanged.

Shares in Mitsubishi Heavy Industries, Ltd. (TYO:7011) rose to all time highs; up 10.79% or 245.50 to 2,520.50.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 7.59% to 27.20.

Crude oil for April delivery was up 0.69% or 0.46 to $66.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.68% or 0.47 to hit $69.77 a barrel, while the April Gold Futures contract rose 0.07% or 2.19 to trade at $2,928.19 a troy ounce.

USD/JPY was down 0.24% to 148.59, while EUR/JPY fell 0.05% to 160.53.

Source: Investing.com

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