Japan shares higher at close of trade; Nikkei 225 up 1.78%

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

At the close in Tokyo, the Nikkei 225 added 1.78%.

The biggest gainers of the session on the Nikkei 225 were Denso Corp. (T:6902), which rose 6.61% or 444.0 points to trade at 7165.0 at the close. Kawasaki Kisen Kaisha, Ltd. (T:9107) added 6.32% or 285.0 points to end at 4795.0 and Mitsui O.S.K. Lines, Ltd. (T:9104) was up 5.42% or 350.0 points to 6810.0 in late trade.

Biggest losers included Kobe Steel, Ltd. (T:5406), which lost 1.71% or 11.0 points to trade at 634.0 in late trade. Sumitomo Osaka Cement Co., Ltd. (T:5232) declined 1.55% or 46.0 points to end at 2931.0 and Taisei Corp. (T:1801) shed 1.54% or 55.0 points to 3510.0.

Advancing stocks outnumbered falling ones by 2934 to 639 and 165 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 21.51.

In commodities trading, Crude oil for October delivery was up 1.92% or 1.19 to $63.33 a barrel. Meanwhile, Brent oil for delivery in November rose 1.98% or 1.28 to hit $66.03 a barrel, while the December Gold Futures contract rose 0.22% or 3.90 to trade at $1787.90 a troy ounce.

USD/JPY was up 0.09% to 109.89, while EUR/JPY rose 0.28% to 128.73.

The US Dollar Index Futures was down 0.16% at 93.358.