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Japan stocks higher at close of trade; Nikkei 225 up 0.94%

Published 05/18/2022, 03:35 AM
Updated 05/18/2022, 03:35 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 0.94%

Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Warehousing, Mining and Machinery sectors led shares higher.

At the close in Tokyo, the Nikkei 225 added 0.94%.

The best performers of the session on the Nikkei 225 were IHI Corp. (TYO:7013), which rose 5.45% or 180.00 points to trade at 3,485.00 at the close. Meanwhile, Japan Steel Works Ltd (TYO:5631) added 4.55% or 134.00 points to end at 3,080.00 and Fujitsu Ltd. (TYO:6702) was up 4.38% or 855.00 points to 20,365.00 in late trade.

The worst performers of the session were Kikkoman Corp. (TYO:2801), which fell 3.33% or 240.00 points to trade at 6,960.00 at the close. CyberAgent Inc (TYO:4751) declined 2.98% or 41.00 points to end at 1,336.00 and Hitachi Zosen Corp. (TYO:7004) was down 2.01% or 16.00 points to 781.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2274 to 1272 and 200 ended unchanged.

Shares in IHI Corp. (TYO:7013) rose to 3-years highs; gaining 5.45% or 180.00 to 3,485.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.31% to 26.40.

Crude oil for July delivery was up 1.46% or 1.60 to $111.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.15% or 1.29 to hit $113.22 a barrel, while the June Gold Futures contract fell 0.27% or 5.00 to trade at $1,813.90 a troy ounce.

USD/JPY was down 0.10% to 129.26, while EUR/JPY fell 0.38% to 135.95.

The US Dollar Index Futures was up 0.18% at 103.59.

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