Japan stocks higher at close of trade; Nikkei 225 up 1.84%

Investing.com – Japan stocks were higher after the close on Tuesday, as gains in the Gas & Water, Banking and Retail sectors led shares higher.

At the close in Tokyo, the Nikkei 225 added 1.84%.

The best performers of the session on the Nikkei 225 were Furukawa Electric Co., Ltd. (TYO:5801), which rose 7.04% or 452.00 points to trade at 6,870.00 at the close. Meanwhile, Kawasaki Heavy Industries, Ltd. (TYO:7012) added 6.62% or 370.00 points to end at 5,958.00 and Fujikura Ltd. (TYO:5803) was up 6.18% or 350.00 points to 6,012.00 in late trade.

The worst performers of the session were Kansai Electric Power Co Inc (TYO:9503), which fell 3.08% or 61.50 points to trade at 1,934.00 at the close. Tokyo Electric Power Co., Inc. (TYO:9501) declined 1.60% or 8.70 points to end at 533.60 and Sumitomo Dainippon Pharma Co Ltd (TYO:4506) was down 1.58% or 9.00 points to 562.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2416 to 1173 and 284 ended unchanged.

Shares in Furukawa Electric Co., Ltd. (TYO:5801) rose to 5-year highs; up 7.04% or 452.00 to 6,870.00. Shares in Tokyo Electric Power Co., Inc. (TYO:9501) fell to 52-week lows; down 1.60% or 8.70 to 533.60. Shares in Fujikura Ltd. (TYO:5803) rose to all time highs; rising 6.18% or 350.00 to 6,012.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 7.31% to 22.31.

Crude oil for January delivery was up 0.37% or 0.25 to $68.35 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.43% or 0.31 to hit $72.14 a barrel, while the February Gold Futures contract rose 0.39% or 10.49 to trade at $2,668.99 a troy ounce.

USD/JPY was up 0.29% to 150.02, while EUR/JPY rose 0.20% to 157.34.

The US Dollar Index Futures was up 0.06% at 106.49.