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Riku Tanaka
May 19 16:31

Stocks in Japan closed higher; Nikkei 225 was up by 1.49% overall

Japanese stock markets were up after trading ended on Tuesday (May 18), as gains in the Paper and Pulp, Public Transport and Real Estate sectors drove the markets up.
As the session ended in Tokyo, the Nikkei 225 grew 1.49% overall setting a one month high.
The most notable companies that did well on the Nikkei 225 were Sony Financial Holdings Inc., which spiked 16.86% or 348.0 points to trade at 2412.0 per share at the close. In the meantime, Mitsui Engineering and Shipbuilding jumped 7.88% or 39.0 points to close at 534.0 and Yamato Holdings Co., Ltd. gained 7.49% or 145.0 points to 2082.0 towards the end of trading.
In contrast, among the session’s worst traded shares were that of Softbank Group Corp., which dropped 2.75% or 127.0 points to 4494.0 per share at the closing. Nichirei Corp. also fell 2.69% or 81.0 points to close at 2934.0 and Maruha Nichiro Corp fell by1.84% or 42.0 points to 2246.0 towards the end of trading.
However, the growth in stocks outweighed the decline on the Tokyo Stock Exchange by 2726 to 901 and 151 closed flat.
The Nikkei Volatility, which gauges the inferred instability of Nikkei 225 offers, remained unaltered at 0% to 30.67.
July’s crude oil delivery gained 1.14% or 0.36 to US$32.01 a barrel. Meanwhile, in commodities, Brent oil for shipping in July gained 1.12% or 0.39 to reach US$35.20 a barrel, while the June Gold Futures contract gained 0.03% or 0.55 points to exchange at US$1734.95 per ounce.
In Forex news, USD/JPY was up 0.13% to 107.47, while EUR/JPY rose 0.35% to 117.50.
The US Dollar Index Futures fell slightly by 0.17% at 99.507.