Japan shares higher at close of trade; Nikkei 225 up 1.97%

Investing.com – Japan equities were higher at the close on Tuesday, as gains in the Banking, Chemical, Petroleum&Plastic and Paper&Pulp sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 added 1.97%.

The biggest gainers of the session on the Nikkei 225 were Kawasaki Heavy Industries, Ltd. (TYO:7012), which rose 8.30% or 482.00 points to trade at 6,287.00 at the close. Mitsubishi Heavy Industries, Ltd. (TYO:7011) added 7.84% or 166.00 points to end at 2,283.50 and Japan Steel Works Ltd (TYO:5631) was up 7.74% or 389.00 points to 5,413.00 in late trade.

Biggest losers included Trend Micro Inc. (TYO:4704), which lost 1.44% or 122.00 points to trade at 8,364.00 in late trade. ANA Holdings Inc (TYO:9202) declined 1.43% or 44.00 points to end at 3,025.00 and Nitori Holdings Co Ltd (TYO:9843) shed 1.42% or 310.00 points to 21,485.00.

Advancing stocks outnumbered falling ones by 2774 to 869 and 219 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 6.49% to 28.23.

In commodities trading, Crude oil for November delivery was up 0.15% or 0.10 to $68.27 a barrel. Meanwhile, Brent oil for delivery in December rose 0.14% or 0.10 to hit $71.80 a barrel, while the December Gold Futures contract rose 0.26% or 6.80 to trade at $2,666.20 a troy ounce.

USD/JPY was up 0.56% to 144.43, while EUR/JPY rose 0.60% to 160.88.

The US Dollar Index Futures was up 0.02% at 100.54.