Japan stocks were higher after the close on Monday, as gains in the Transport, Banking and Paper & Pulp sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 1.56%.

The best performers of the session on the Nikkei 225 were Tokyo Electric Power Co., Inc. (TYO:9501), which rose 14.63% or 113.80 points to trade at 891.60 at the close. Meanwhile, Mitsui Engineering & Shipbuilding (TYO:7003) added 9.19% or 50.00 points to end at 594.00 and Chubu Electric Power Co., Inc. (TYO:9502) was up 5.55% or 108.50 points to 2,065.00 in late trade.

The worst performers of the session were Mitsui Mining and Smelting Co. (TYO:5706), which fell 1.59% or 70.00 points to trade at 4,330.00 at the close. Sumitomo Chemical Co., Ltd. (TYO:4005) declined 1.29% or 4.70 points to end at 360.90 and SKY Perfect JSAT Holdings Inc. (TYO:9412) was down 1.05% or 7.00 points to 657.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2753 to 896 and 223 ended unchanged.

Shares in Tokyo Electric Power Co., Inc. (TYO:9501) rose to 5-year highs; up 14.63% or 113.80 to 891.60. Shares in Sumitomo Chemical Co., Ltd. (TYO:4005) fell to 3-years lows; falling 1.29% or 4.70 to 360.90.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 7.29% to 19.72.

Crude oil for January delivery was up 0.76% or 0.54 to $71.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.82% or 0.62 to hit $76.46 a barrel, while the February Gold Futures contract fell 0.02% or 0.35 to trade at $2,014.15 a troy ounce.

USD/JPY was up 0.50% to 145.65, while EUR/JPY rose 0.57% to 156.86.

The US Dollar Index Futures was up 0.01% at 103.65.