Japan stocks higher at close of trade; Nikkei 225 up 2.55%

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At the close in Tokyo, the Nikkei 225 rose 2.55% to hit a new 1-month high.

The best performers of the session on the Nikkei 225 were The Japan Steel Works, Ltd. (T:5631), which rose 13.58% or 188.0 points to trade at 1572.0 at the close. Meanwhile, IHI Corp. (T:7013) added 9.93% or 143.0 points to end at 1583.0 and West Japan Railway Co. (T:9021) was up 8.33% or 564.0 points to 7332.0 in late trade.

The worst performers of the session were Fujikura Ltd. (T:5803), which fell 5.59% or 18.0 points to trade at 304.0 at the close. Comsys Holdings Corp. (T:1721) declined 2.84% or 85.0 points to end at 2904.0 and Ajinomoto Co., Inc. (T:2802) was down 2.55% or 47.0 points to 1797.5.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2639 to 1031 and 134 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 27.73.

Crude oil for July delivery was up 3.61% or 1.20 to $34.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.34% or 0.83 to hit $36.36 a barrel, while the June Gold Futures contract fell 0.41% or 7.10 to trade at $1728.40 a troy ounce.

USD/JPY was up 0.13% to 107.83, while EUR/JPY rose 0.48% to 117.94.

The US Dollar Index Futures was down 0.42% at 99.470.

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