World Stocks Markets - Japan stocks higher at close of trade.

Byline: S. KAMAL HAYDER KAZMI

Japan stocks were higher after the close on Wednesday, as gains in the Chemical, Petroleum and Plastic, Transportation Equipment and Paper and Pulp sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 1.93 percent. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 3160 to 496 and 172 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 17.22 percent to 22.80 a new 3-months high. Crude oil for May delivery was down 1.02 percent or 0.71 to $68.96 a...