Japan shares higher at close of trade; Nikkei 225 up 1.19%

Investing.com – Japan equities were higher at the close on Tuesday, as gains in the Paper & Pulp , Railway & Bus and Real Estate sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 gained 1.19% to hit a new 3-month high.

The biggest gainers of the session on the Nikkei 225 were Konica Minolta, Inc. (T: 4902 ), which rose 6.11% or 24.0 points to trade at 417.0 at the close. Asahi Group Holdings, Ltd. (T: 2502 ) added 5.52% or 226.0 points to end at 4317.0 and IHI Corp. (T: 7013 ) was up 5.47% or 83.0 points to 1601.0 in late trade.

Biggest losers included Daiichi Sankyo Co., Ltd. (T: 4568 ), which lost 4.38% or 416.0 points to trade at 9090.0 in late trade. Astellas Pharma Inc. (T: 4503 ) declined 1.88% or 37.0 points to end at 1932.5 and The Kansai Electric Power Co. (T: 9503 ) shed 1.27% or 14.0 points to 1087.5.

Advancing stocks outnumbered falling ones by 2641 to 891 and 165 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 27.60.

In commodities trading, Crude oil for July delivery was up 0.73% or 0.26 to $35.70 a barrel. Meanwhile, Brent oil for delivery in August rose 0.99% or 0.38 to hit $38.70 a barrel, while the August Gold Futures contract fell 0.33% or 5.70 to trade at $1744.60 a troy ounce.

USD/JPY was up 0.20% to 107.80, while EUR/JPY rose 0.19% to 120.00.

The US Dollar Index Futures was down 0.03% at 97.790.