Japan Stocks Higher at Close of Trade; Nikkei 225 Up 2.33%
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Japan Stocks Higher at Close of Trade; Nikkei 225 Up 2.33%

Japan stocks were higher after the close on Monday, as gains in the Precision Instruments, Electrical/Machinery and Transport sectors led shares higher

At the close in Tokyo, the Nikkei 225 rose 2.33% to hit a new 1-month high.

The best performers of the session on the Nikkei 225 were Sumitomo Electric Industries Ltd. (TYO:5802), which rose 11.41% or 184.50 points to trade at 1,801.50 at the close. Meanwhile, Minebea Mitsumi Inc (TYO:6479) added 9.82% or 246.00 points to end at 2,750.00 and Advantest Corp. (TYO:6857) was up 8.15% or 322.00 points to 4,271.00 in late trade.

The worst performers of the session were Kawasaki Kisen Kaisha, Ltd. (TYO:9107), which fell 11.38% or 611.00 points to trade at 4,760.00 at the close. Nissui Corp (TYO:1332) declined 7.66% or 56.50 points to end at 681.50 and Nippon Yusen K.K (TYO:9101) was down 5.00% or 189.00 points to 3,594.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2810 to 868 and 197 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 4.44% to 20.01 a new 1-month low.

Crude oil for December delivery was up 0.58% or 0.47 to $80.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.47% or 0.40 to hit $85.29 a barrel, while the December Gold Futures contract fell 0.40% or 7.95 to trade at $1,991.25 a troy ounce.

USD/JPY was up 0.13% to 149.57, while EUR/JPY rose 0.27% to 160.59.

The US Dollar Index Futures was unchanged 0.00% at 104.86.

Source : Investing.com