Japan stocks were higher after the close on Wednesday, as gains in the Shipbuilding, Textile and Marine Transport sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.16%.

The best performers of the session on the Nikkei 225 were Fujikura Ltd. (TYO:5803), which rose 7.42% or 431.00 points to trade at 6,239.00 at the close. Meanwhile, Yokogawa Electric Corp. (TYO:6841) added 6.69% or 188.50 points to end at 3,005.00 and IHI Corp. (TYO:7013) was up 6.09% or 640.00 points to 11,145.00 in late trade.

The worst performers of the session were Konami Corp. (TYO:9766), which fell 3.37% or 620.00 points to trade at 17,795.00 at the close. Olympus Corp. (TYO:7733) declined 2.95% or 61.00 points to end at 2,005.50 and Keio Corp. (TYO:9008) was down 2.36% or 92.00 points to 3,805.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2162 to 1395 and 297 ended unchanged.

Shares in IHI Corp. (TYO:7013) rose to 5-year highs; rising 6.09% or 640.00 to 11,145.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 7.47% to 25.28.

Crude oil for April delivery was down 0.45% or 0.31 to $67.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.03% or 0.02 to hit $71.02 a barrel, while the April Gold Futures contract rose 0.28% or 8.29 to trade at $2,928.89 a troy ounce.

USD/JPY was down 0.04% to 149.69, while EUR/JPY rose 0.07% to 159.30.

Source: Investing.com