Japan Stocks High; Nikkei 225 up 2.50%

Japan stocks were higher after the close on Tuesday, as gains in the Paper & PulpRailway & Bus and Real Estate sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 2.50% to hit a new 5-year high.  The best performers of the session on the Nikkei 225 were Tokyu Fudosan (T:3289), which rose 5.89% or 29.0 points to trade at 521.0 at the close.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2634 to 914 and 181 ended unchanged.

Shares in Tokyo Electron Ltd. (T:8035) rose to all time highs; gaining 5.60% or 1800.0 to 33940.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0% to 21.70.

Crude oil for January delivery was up 1.00% or 0.43 to $43.49 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.85% or 0.39 to hit $46.43 a barrel, while the December Gold Futures contract fell 0.61% or 11.20 to trade at $1826.60 a troy ounce.

USD/JPY was down 0.11% to 104.42, while EUR/JPY fell 0.01% to 123.77.

The US Dollar Index Futures was down 0.11% at 92.392.