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Japan stocks higher at close of trade; Nikkei 225 up 0.73%

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Japan stocks were higher after the close on Tuesday, as gains in the Financial ServicesInsurance and Pharmaceutical Industry sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 0.73% to hit a new 52-week high.

The best performers of the session on the Nikkei 225 were Kajima Corp. (TYO:1812), which rose 6.04% or 114.00 points to trade at 2,000.00 at the close. Meanwhile, Advantest Corp. (TYO:6857) added 5.52% or 670.00 points to end at 12,810.00 and T&D Holdings, Inc. (TYO:8795) was up 5.08% or 91.00 points to 1,884.00 in late trade.

The worst performers of the session were Konica Minolta, Inc. (TYO:4902), which fell 8.86% or 48.00 points to trade at 494.00 at the close. Dentsu Inc. (TYO:4324) declined 8.27% or 410.00 points to end at 4,550.00 and Sumitomo Dainippon Pharma Co Ltd (TYO:4506) was down 7.09% or 57.00 points to 747.00.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1850 to 1796 and 206 ended unchanged.

Shares in Kajima Corp. (TYO:1812) rose to 5-year highs; up 6.04% or 114.00 to 2,000.00. Shares in Advantest Corp. (TYO:6857) rose to 5-year highs; up 5.52% or 670.00 to 12,810.00. Shares in Sumitomo Dainippon Pharma Co Ltd (TYO:4506) fell to 5-year lows; down 7.09% or 57.00 to 747.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.96% to 16.09.

Crude oil for June delivery was up 0.15% or 0.11 to $71.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.20% or 0.15 to hit $75.38 a barrel, while the June Gold Futures contract fell 0.50% or 10.05 to trade at $2,012.65 a troy ounce.

USD/JPY was down 0.19% to 135.86, while EUR/JPY fell 0.10% to 147.86.

The US Dollar Index Futures was down 0.04% at 102.23.

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