Japan shares higher at close of trade; Nikkei 225 up 0.76%

Investing.com – Oct 25, 2016 –  – Japan equities were higher at the close on Tuesday, as gains in the Transportation EquipmentAutomobiles & Parts and Rubber sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.76% to hit a new 6-month high.

The biggest gainers of the session on the Nikkei 225 were Mitsubishi Motors Corp. (T:7211), which rose 6.58% or 37.0 points to trade at 599.5 at the close. Shionogi & Co., Ltd. (T:4507) added 3.56% or 181.0 points to end at 5264.0 and Mitsui Mining and Smelting Co. (T:5706) was up 3.53% or 8.0 points to 234.5 in late trade.

Biggest losers included IHI Corp. (T:7013), which lost 9.92% or 30.0 points to trade at 272.5 in late trade. Mitsui Engineering & Shipbuilding (T:7003) declined 3.92% or 6.0 points to end at 147.0 and JFE Holdings, Inc. (T:5411) shed 2.31% or 34.0 points to 1437.0.

Advancing stocks outnumbered falling ones by 1777 to 1154 and 380 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 3.14% to 18.20 a new 52-week low.

In commodities trading, Crude oil for December delivery was up 0.12% or 0.06 to $50.58 a barrel. Meanwhile, Brent oil for delivery in December fell 0.08% or 0.04 to hit $51.42 a barrel, while the December Gold contract rose 0.30% or 3.75 to trade at $1267.45 a troy ounce.

USD/JPY was up 0.27% to 104.46, while EUR/JPY rose 0.22% to 113.61.

The US Dollar Index was up 0.12% at 98.76.

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