Japan shares higher at close of trade; Nikkei 225 up 4.88%

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 added 4.88%.

The biggest gainers of the session on the Nikkei 225 were JFE Holdings, Inc. (T: 5411 ), which rose 11.70% or 93.0 points to trade at 888.0 at the close. Taiheiyo Cement Corp. (T: 5233 ) added 10.97% or 261.0 points to end at 2641.0 and IHI Corp. (T: 7013 ) was up 10.62% or 163.0 points to 1698.0 in late trade.

Biggest losers included Sony Financial Holdings Inc. (T: 8729 ), which added 0.08% or 2.0 points to trade at 2594.0 in late trade. Chubu Electric Power Co., Inc. (T: 9502 ) added 0.14% or 2.0 points to end at 1414.5 and Idemitsu Kosan Co Ltd (T: 5019 ) gained 0.59% or 14.0 points to 2384.0.

Advancing stocks outnumbered falling ones by 3407 to 221 and 61 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 39.59 a new 1-month high.

In commodities trading, Crude oil for July delivery was down 0.19% or 0.07 to $37.05 a barrel. Meanwhile, Brent oil for delivery in August rose 0.08% or 0.03 to hit $39.75 a barrel, while the August Gold Futures contract rose 0.37% or 6.45 to trade at $1733.65 a troy ounce.

USD/JPY was up 0.01% to 107.33, while EUR/JPY rose 0.14% to 121.66.

The US Dollar Index Futures was down 0.14% at 96.510.