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

Investing.com – Japan equities were higher at the close on Wednesday, as gains in the Glass, Transportation Equipment and Banking sectors propelled shares higher.

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

The biggest gainers 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. 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.

Biggest losers included Mercari Inc (TYO:4385), which lost 16.05% or 348.50 points to trade at 1,823.00 in late trade. Honda Motor Co Ltd (TYO:7267) declined 5.84% or 88.50 points to end at 1,427.50 and Panasonic Corp (TYO:6752) shed 4.98% or 71.00 points to 1,355.00.

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

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

In commodities trading, Crude oil for December delivery was down 2.03% or 1.46 to $70.53 a barrel. Meanwhile, Brent oil for delivery in January fell 2.05% or 1.55 to hit $73.98 a barrel, while the December Gold Futures contract fell 1.25% or 34.30 to trade at $2,715.40 a troy ounce.

USD/JPY was up 1.68% to 154.14, while EUR/JPY fell 0.33% to 165.17.

The US Dollar Index Futures was up 1.73% at 105.11.