TOKYO: Japan stocks were higher after the close on Wednesday, as gains in the Insurance, Transportation Equipment and Rubber sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.45% to hit a new 1-month high. The best performers of the session on the Nikkei 225 were Nisshinbo Holdings Inc. (T:3105), which rose 25.53% or 300.0 points to trade at 1475.0 at the close. Meanwhile, Furukawa Electric Co., Ltd. (T:5801) added 4.65% or 270.0 points to end at 6080.0 and Meidensha Corp. (T:6508) was up 4.46% or 17.0 points to 398.0 in late trade. The worst performers of the session were Toho Zinc Co., Ltd. (T:5707), which fell 3.56% or 19.0 points to trade at 514.0 at the close. Sumitomo Metal Mining Co., Ltd. (T:5713) declined 1.72% or 33.0 points to end at 1890.0 and SUMCO Corp. (T:3436) was down 1.52% or 25.0 points to 1621.0. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2081 to 1111 and 270 ended unchanged. Shares in Nisshinbo Holdings Inc. (T:3105) rose to 52-week highs; up 25.53% or 300.0 to 1475.0.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 10.71% to 13.67 a new 1-month low. Crude oil for October delivery was up 0.15% or 0.07 to $48.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.20% or 0.11 to hit $54.38 a barrel, while the December Gold Futures contract rose 0.38% or 5.12 to trade at $1337.82 a troy ounce. USD/JPY was down 0.18% to 109.95, while EUR/JPY rose 0.01% to 131.79. The US Dollar Index Futures was down 0.15% at 91.75.