Japan shares higher at close of trade; Nikkei 225 up 1.29%

Japan equities were higher at the close on Wednesday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 rose 1.29% to hit a new 1-month high.

The biggest gainers of the session on the Nikkei 225 were Komatsu Ltd. (T:6301), which rose 5.41% or 144.0 points to trade at 2806.5 at the close. Taiyo Yuden Co., Ltd. (T:6976) added 4.65% or 290.0 points to end at 6530.0 and Yamaha Corp. (T:7951) was up 4.62% or 300.0 points to 6790.0 in late trade.

Biggest losers included Kawasaki Kisen Kaisha, Ltd. (T:9107), which lost 2.72% or 150.0 points to trade at 5360.0 in late trade. Nippon Yusen K.K (T:9101) declined 1.80% or 160.0 points to end at 8710.0 and Keio Corp. (T:9008) shed 1.52% or 90.0 points to 5830.0.

Advancing stocks outnumbered falling ones by 2339 to 1167 and 245 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 18.02 a new 1-month low.

In commodities trading, Crude oil for October delivery was up 0.85% or 0.58 to $69.08 a barrel. Meanwhile, Brent oil for delivery in November rose 0.84% or 0.60 to hit $72.23 a barrel, while the December Gold Futures contract fell 0.18% or 3.25 to trade at $1814.85 a troy ounce.

USD/JPY was up 0.29% to 110.33, while EUR/JPY rose 0.21% to 130.17.

The US Dollar Index Futures was up 0.13% at 92.755.