Japan shares higher at close of trade; Nikkei 225 up 1.38%

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

At the close in Tokyo, the Nikkei 225 added 1.38% to hit a new 3-month high.

The biggest gainers of the session on the Nikkei 225 were Alps Electric Co., Ltd. (T: 6770 ), which rose 9.20% or 135.0 points to trade at 1602.0 at the close. Nissan Motor Co., Ltd. (T: 7201 ) added 7.83% or 35.4 points to end at 487.6 and Credit Saison Co., Ltd. (T: 8253 ) was up 7.73% or 106.0 points to 1478.0 in late trade.

Biggest losers included Chugai Pharmaceutical Co., Ltd. (T: 4519 ), which lost 4.13% or 675.0 points to trade at 15680.0 in late trade. Secom Co., Ltd. (T: 9735 ) declined 2.76% or 267.0 points to end at 9400.0 and Yamato Holdings Co., Ltd. (T: 9064 ) shed 2.70% or 65.0 points to 2338.0.

Advancing stocks outnumbered falling ones by 2658 to 914 and 130 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 26.02 a new 3-month low.

In commodities trading, Crude oil for July delivery was up 1.29% or 0.51 to $40.06 a barrel. Meanwhile, Brent oil for delivery in August rose 1.47% or 0.62 to hit $42.92 a barrel, while the August Gold Futures contract rose 0.73% or 12.25 to trade at $1695.25 a troy ounce.

USD/JPY was down 0.01% to 109.57, while EUR/JPY rose 0.09% to 123.80.

The US Dollar Index Futures was down 0.04% at 96.888.