Title: Japan stocks higher at close of trade; Nikkei 225 up 0.36%

Jul 28, 2022 03:35AM ET

By: AnalysisWatch

Japan stocks were higher after the close on Thursday, as gains in the Railway & Bus, Precision Intruments and Warehousing sectors led shares higher.

At the close in Tokyo, the Nikkei 225 added 0.36%.

The best performers of the session on the Nikkei 225 were Mitsubishi Motors Corp, which rose 10.91% or 48.00 points to trade at 488.00 at the close. Meanwhile, Chubu Electric Power Co., Inc. added 7.67% or 101.00 points to end at 1,417.00 and Recruit Holdings Co Ltd (TYO:6098) was up 4.37% or 204.00 points to 4,874.00 in late trade.

The worst performers of the session were CyberAgent Inc, which fell 5.75% or 78.00 points to trade at 1,279.00 at the close. Mitsubishi Electric Corp declined 5.75% or 85.50 points to end at 1,401.50 and JTEKT Corp.was down 4.41% or 47.00 points to 1,018.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2162 to 1298 and 309 ended unchanged.

Shares in Mitsubishi Motors Corp.rose to 52-week highs; rising 10.91% or 48.00 to 488.00. Shares in Chubu Electric Power Co., Inc rose to 52-week highs; gaining 7.67% or 101.00 to 1,417.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 0.64% to 20.26.

Crude oil for September delivery was up 1.65% or 1.60 to $98.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.61% or 1.64 to hit $103.31 a barrel, while the August Gold Futures contract rose 1.08% or 18.55 to trade at $1,737.65 a troy ounce.

USD/JPY was down 0.60% to 135.74, while EUR/JPY fell 0.67% to 138.37.

The US Dollar Index Futures was down 0.06% at 106.26.