Japan stocks higher at close of trade; Nikkei 225 up 2.16%

Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Glass , Transportation Equipment and Banking sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 2.16%.

The best performers of the session on the Nikkei 225 were IHI Corp. (TYO:7013 ), which rose 18.70% or 1,455.00 points to trade at 9,235.00 at the close. Meanwhile, Mitsubishi Heavy Industries, Ltd. (TYO:7011 ) added 9.42% or 194.00 points to end at 2,254.00 and Japan Steel Works Ltd (TYO:5631 ) was up 7.94% or 405.00 points to 5,508.00 in late trade.

The worst performers of the session were Mercari Inc (TYO:4385 ), which fell 16.05% or 348.50 points to trade at 1,823.00 at the close. Honda Motor Co Ltd (TYO:7267 ) declined 5.84% or 88.50 points to end at 1,427.50 and Panasonic Corp (TYO:6752 ) was down 4.98% or 71.00 points to 1,355.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2343 to 1270 and 242 ended unchanged.

Shares in IHI Corp. (TYO:7013 ) rose to 5-year highs; gaining 18.70% or 1,455.00 to 9,235.00.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was up 1.09% to 26.03.

Crude oil for December delivery was down 1.99% or 1.43 to $70.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 2.00% or 1.51 to hit $74.02 a barrel, while the December Gold Futures contract fell 1.15% or 31.75 to trade at $2,717.95 a troy ounce.

USD/JPY was up 1.67% to 154.13, while EUR/JPY fell 0.34% to 165.16.

The US Dollar Index Futures was up 1.74% at 105.12.

Source: Investing.com