Japan shares higher at close of trade; Nikkei 225 up 0.14%

Investing.com – Japan equities were higher at the close on Monday, as gains in the Shipbuilding, Power and Manufacturing sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 added 0.14% to hit a new 1-month high.

The biggest gainers of the session on the Nikkei 225 were IHI Corp. (TYO:7013), which rose 5.52% or 350.00 points to trade at 6,688.00 at the close. Credit Saison Co., Ltd. (TYO:8253) added 5.43% or 175.00 points to end at 3,400.00 and Fujikura Ltd. (TYO:5803) was up 4.94% or 208.00 points to 4,415.00 in late trade.

Biggest losers included Sumitomo Dainippon Pharma Co Ltd (TYO:4506), which lost 6.13% or 41.00 points to trade at 628.00 in late trade. Chugai Pharmaceutical Co., Ltd. (TYO:4519) declined 6.07% or 448.00 points to end at 6,936.00 and Yamato Holdings Co., Ltd. (TYO:9064) shed 3.37% or 57.00 points to 1,635.00.

Declining stocks outnumbered rising ones by 2109 to 1517 and 255 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 6.08% to 21.32 a new 1-month low.

In commodities trading, Crude oil for October delivery was down 0.63% or 0.46 to $73.09 a barrel. Meanwhile, Brent oil for delivery in November fell 0.71% or 0.55 to hit $76.38 a barrel, while the December Gold Futures contract rose 0.22% or 5.50 to trade at $2,533.10 a troy ounce.

USD/JPY was up 0.07% to 146.26, while EUR/JPY rose 0.17% to 161.75.

The US Dollar Index Futures was down 0.03% at 101.59.