Japan shares higher at close of trade; Nikkei 225 up 2.12% By Investing.com

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

At the close in Tokyo, the Nikkei 225 added 2.12% to hit a new 5-year high.

The biggest gainers of the session on the Nikkei 225 were Kobe Steel, Ltd. (T:5406), which rose 17.47% or 94.0 points to trade at 632.0 at the close. Unitika, Ltd. (T:3103) added 12.66% or 51.0 points to end at 454.0 and Chiyoda Corp. (T:6366) was up 9.84% or 36.0 points to 402.0 in late trade.

Biggest losers included AGC Inc (T:5201), which lost 2.97% or 115.0 points to trade at 3755.0 in late trade. Sony Corp (T:6758) declined 2.85% or 355.0 points to end at 12095.0 and Suzuki Motor Corp. (T:7269) shed 2.58% or 132.0 points to 4978.0.

Advancing stocks outnumbered falling ones by 2548 to 1045 and 158 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 20.79.

In commodities trading, Crude oil for March delivery was up 1.06% or 0.60 to $57.45 a barrel. Meanwhile, Brent oil for delivery in April rose 0.65% or 0.39 to hit $59.95 a barrel, while the April Gold Futures contract rose 0.24% or 4.30 to trade at $1817.30 a troy ounce.

USD/JPY was up 0.14% to 105.50, while EUR/JPY rose 0.03% to 126.99.

The US Dollar Index Futures was up 0.10% at 91.058.