Japan shares higher at close of trade; Nikkei 225 up 1.77%

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

At the close in Tokyo, the Nikkei 225 added 1.77% to hit a new 1-month high.

The biggest gainers of the session on the Nikkei 225 were Kawasaki Kisen Kaisha, Ltd. (T:9107), which rose 10.98% or 760.0 points to trade at 7680.0 at the close. Hino Motors, Ltd. (T:7205) added 6.65% or 63.0 points to end at 1011.0 and Mitsui O.S.K. Lines, Ltd. (T:9104) was up 6.56% or 560.0 points to 9100.0 in late trade.

Biggest losers included Oji Holdings Corp. (T:3861), which lost 0.90% or 5.0 points to trade at 552.0 in late trade. AGC Inc (T:5201) declined 0.73% or 40.0 points to end at 5450.0 and Fast Retailing Co., Ltd. (T:9983) shed 0.72% or 470.0 points to 64840.0.

Advancing stocks outnumbered falling ones by 2515 to 1120 and 183 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 19.21.

In commodities trading, Crude oil for February delivery was down 0.29% or 0.22 to $75.86 a barrel. Meanwhile, Brent oil for delivery in March fell 0.25% or 0.20 to hit $78.78 a barrel, while the February Gold Futures contract rose 0.36% or 6.55 to trade at $1806.65 a troy ounce.

USD/JPY was up 0.33% to 115.69, while EUR/JPY rose 0.24% to 130.55.

The US Dollar Index Futures was up 0.12% at 96.330.