Japan stocks higher at close of trade; Nikkei 225 up 0.51%

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At the close in Tokyo, the Nikkei 225 gained 0.51%.

The best performers of the session on the Nikkei 225 were Kobe Steel, Ltd. (T:5406), which rose 9.09% or 59.0 points to trade at 708.0 at the close. Meanwhile, JFE Holdings, Inc. (T:5411) added 8.36% or 92.0 points to end at 1193.0 and Hitachi Zosen Corp. (T:7004) was up 7.99% or 57.0 points to 770.0 in late trade.

The worst performers of the session were Kubota Corp. (T:6326), which fell 3.59% or 90.0 points to trade at 2420.0 at the close. TOTO Ltd. (T:5332) declined 3.14% or 210.0 points to end at 6470.0 and Fujitsu Ltd. (T:6702) was down 2.27% or 355.0 points to 15260.0.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1932 to 1577 and 226 ended unchanged.

Shares in Kobe Steel, Ltd. (T:5406) rose to 52-week highs; up 9.09% or 59.0 to 708.0. Shares in JFE Holdings, Inc. (T:5411) rose to 52-week highs; rising 8.36% or 92.0 to 1193.0. Shares in Hitachi Zosen Corp. (T:7004) rose to 5-year highs; rising 7.99% or 57.0 to 770.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 26.24.

Crude oil for April delivery was up 0.37% or 0.22 to $59.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.45% or 0.28 to hit $62.98 a barrel, while the April Gold Futures contract fell 0.11% or 1.95 to trade at $1731.65 a troy ounce.

USD/JPY was up 0.15% to 106.83, while EUR/JPY rose 0.18% to 129.19.

The US Dollar Index Futures was down 0.04% at 90.752.