Title: Japan stocks higher at close of trade; Nikkei 225 up 2.13%

Dec 16, 2021 02:35AM ET

By: AnalysisWatch

Japanese stocks rose after the close on Thursday as gains in the pulp and paper, railways and buses, and real estate sectors drove stocks higher.

At the close of trading in Tokyo, the Nikkei 225 was up 2.13%.

Among the best performers on the Nikkei 225 was Canon Inc., which rose 6.52%, or 174.0 points, to close at 2843.0. In late trade, Nippon Yusen K.K. gained 5.60%, or 450.0 points, to close at 8490.0 points, while Kawasaki Kisen Kaisha, Ltd. gained 5.43%, or 360.0 points, to close at 6990.0 points in late trade.

Shinsei Bank, Ltd. was the worst performer, falling 7.15%, or 154.0 points, to close at 2000.0 points in late trading. Dai-ichi Life Holdings Inc fell 0.77% or 16.0 points to 2072.0, while Dai-ichi Life Holdings Inc fell 0.77% or 19.0 points to 2450.0.

On the Tokyo Stock Exchange, advancers outweighed decliners with a ratio of 2477 to 1082, and 220 stocks ended unchanged.

Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged at 0% to 20.24.

Crude oil for delivery in January rose 1.24%, or 0.88, to $71.75 a barrel. Elsewhere in commodity trading, Brent oil for delivery in February rose 1.07%, or 0.79, to $74.67 a barrel, while the February gold futures contract gained 1.20%, or 21.25, to $1785.75 a troy ounce.

The USD/JPY rose 0.08% to 114.11, while the EUR/JPY rose 0.22% to 129.95.