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Japanese shares ascend at close of trade

On Wednesday, Japanese shares were higher after the close, as profits in the Banking, Shipbuilding as well as Paper & Pulp sectors brought stocks higher.

The Nikkei 225 soared 1.10% to reach a new 6-months peak.

The best performers of the trading session on the Nikkei 225 included Aozora Bank Ltd, Mizuho Financial Group and Sumitomo Mitsui Trust Holdings. They tacked on 8.86%, 6.25% and 6.23% respectively.    

As for the worst performers, these were Sumitomo Realty & Development Co., Mitsubishi Estate Co. and Mitsubishi Corp.  These given benchmarks edged down 2.39%, 1.74% and 1.71% respectively.        

Ascending shares stocks outperformed diving ones on the Tokyo Stock Exchange by 2371 to 639, while 300 remained intact.

The Nikkei Volatility, gauging the implied volatility of Nikkei 225 options, lost 1.91%, reaching 20.58.

The currency pair USD/JPY lost 0.04%, hitting 109.15. Aside from that, EUR/JPY edged up 0.21%, trading at 117.35.

The US Dollar Index headed south 0.22%, hitting 99.98.

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