Japan stocks higher at close of trade; Nikkei 225 up 0.85%

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At the close in Tokyo, the Nikkei 225 added 0.85% to hit a new 5-year high.

The best performers of the session on the Nikkei 225 were Nikon Corp. (T:7731), which rose 7.21% or 54.0 points to trade at 803.0 at the close. Meanwhile, Yaskawa Electric Corp. (T:6506) added 5.30% or 300.0 points to end at 5960.0 and Bridgestone Corp. (T:5108) was up 5.12% or 190.0 points to 3900.0 in late trade.

The worst performers of the session were GS Yuasa Corp. (T:6674), which fell 5.02% or 165.0 points to trade at 3120.0 at the close. Kawasaki Kisen Kaisha, Ltd. (T:9107) declined 4.70% or 104.0 points to end at 2110.0 and JFE Holdings, Inc. (T:5411) was down 4.70% or 51.0 points to 1035.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2041 to 1495 and 212 ended unchanged.

Shares in Yaskawa Electric Corp. (T:6506) rose to 52-week highs; up 5.30% or 300.0 to 5960.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 21.48.

Crude oil for February delivery was up 0.26% or 0.14 to $53.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.11% or 0.06 to hit $56.12 a barrel, while the February Gold Futures contract fell 0.82% or 15.25 to trade at $1839.65 a troy ounce.

USD/JPY was up 0.19% to 104.05, while EUR/JPY rose 0.11% to 126.39.

The US Dollar Index Futures was up 0.03% at 90.358.