Japan shares higher at close of trade; Nikkei 225 up 2.39%

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Japan shares higher at close of trade; Nikkei 225 up 2.39%
Credit: © Reuters.

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

At the close in Tokyo, the Nikkei 225 rose 2.39%.

The biggest gainers of the session on the Nikkei 225 were Keio Corp. (T: 9008 ), which rose 7.73% or 67.0 points to trade at 934.0 at the close. Hokuetsu Kishu Paper Co., Ltd. (T: 3865 ) added 7.42% or 48.0 points to end at 695.0 and Keisei Electric Railway Co., Ltd. (T: 9009 ) was up 7.38% or 89.0 points to 1295.0 in late trade.

Biggest losers included Sharp Corp. (T: 6753 ), which lost 15.25% or 17.0 points to trade at 94.5 in late trade. Mazda Motor Corp. (T: 7261 ) declined 9.67% or 151.5 points to end at 1414.5 and Nippon Sheet Glass Co., Ltd. (T: 5202 ) shed 8.57% or 6.0 points to 64.0.

Advancing stocks outnumbered falling ones by 1592 to 347 and 60 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was down 12.13% to 35.77.

In commodities trading, Crude oil for August delivery was up 0.31% or 0.15 to $47.79 a barrel. Meanwhile, Brent oil for delivery in September rose 0.61% or 0.30 to hit $49.34 a barrel, while the August Gold contract rose 0.68% or 8.95 to trade at $1331.35 a troy ounce.

USD/JPY was down 0.29% to 101.93, while EUR/JPY fell 0.92% to 112.59.

The US Dollar Index was up 0.53% at 96.14.

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