Japan shares higher at close of trade; Nikkei 225 up 0.50%

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Japan shares higher at close of trade; Nikkei 225 up 0.50%
Credit: © Reuters.

Investing.com – Japan equities were higher at the close on Wednesday, as gains in the Food , Trading and Textile sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 added 0.50%.

The biggest gainers of the session on the Nikkei 225 were Mitsubishi Motors Corp. (T: 7211 ), which rose 11.86% or 73.0 points to trade at 688.5 at the close. NTN Corp. (T: 6472 ) added 7.72% or 37.0 points to end at 516.0 and Hino Motors, Ltd. (T: 7205 ) was up 7.53% or 90.0 points to 1285.0 in late trade.

Biggest losers included Konica Minolta, Inc. (T: 4902 ), which lost 8.36% or 98.0 points to trade at 1074.0 in late trade. Ricoh Co., Ltd. (T: 7752 ) declined 7.63% or 77.0 points to end at 932.0 and Meidensha Corp. (T: 6508 ) shed 7.53% or 29.0 points to 356.0.

Advancing stocks outnumbered falling ones by 1723 to 1273 and 348 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was up 9.67% to 20.75.

In commodities trading, Crude oil for March delivery was down 0.13% or 0.07 to $52.74 a barrel. Meanwhile, Brent oil for delivery in April fell 0.23% or 0.13 to hit $55.45 a barrel, while the April Gold Futures contract fell 0.18% or 2.15 to trade at $1209.25 a troy ounce.

USD/JPY was up 0.45% to 113.31, while EUR/JPY rose 0.29% to 122.13.

The US Dollar Index Futures was up 0.24% at 99.77.

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