Japan stocks higher at close of trade; Nikkei 225 up 1.26%

Japan's stock market closed on a high note on Tuesday, with the Nikkei 225 index surging 1.26% to reach a 3-month high. The Real Estate, Banking, and Textile sectors played a pivotal role in driving the gains. Leading the charge was Taiyo Yuden Co., Ltd., which skyrocketed 6.15% or 645.00 points to close at 11,135.00. TDK Corp and Fujikura Ltd. also recorded impressive gains, closing up 5.25% and 5.19% respectively, at 3,628.00 and 5,855.00.

On the flip side, SoftBank Group Corp. faced a decline of 3.11% or 202.00 points, ending the day at 6,295.00. Nexon Co Ltd and Sharp Corp also registered declines of 2.67% and 2.17% respectively, closing at 2,609.00 and 636.50. The rise in the Nikkei Volatility index, which gauges the volatility of Nikkei 225 options, was up 1.28% to 22.87.

Meanwhile, crude oil prices for November delivery dipped by 0.95% to $88.58 per barrel. Similarly, Brent oil for December delivery fell by 0.68% to $99.64 per barrel, while the December Gold Futures contract rose by 0.04% to $4,158.62 per troy ounce. The US Dollar Index Futures also saw a marginal increase of 0.08% to 102.01.