In Monday’s trading session, Japan stocks witnessed a downturn, primarily driven by losses in the Precision Instruments, Communication, and Electrical/Machinery sectors. The Nikkei 225, a key indicator of the Japanese stock market, concluded the day with a 0.73% decrease.
At the close in Tokyo, the Nikkei 225 displayed a decline, with notable impacts felt in various sectors. Among the best-performing stocks were Trend Micro Inc. (TYO:4704), posting a gain of 4.51% or 354.00 points, closing at 8,207.00. Kawasaki Kisen Kaisha, Ltd. (TYO:9107) and Credit Saison Co., Ltd. (TYO:8253) also showed resilience, adding 3.36% and 3.35%, respectively.
On the flip side, the session saw some notable underperformers, with Mazda Motor Corp (TYO:7261) experiencing a 3.62% decline, closing at 1,543.50. Mitsubishi Motors Corp. (TYO:7211) followed suit with a 3.55% decrease, concluding at 466.80, while CyberAgent Inc (TYO:4751) displayed a 3.54% decline, ending the session at 836.10.
Market dynamics on the Tokyo Stock Exchange revealed that rising stocks slightly outnumbered declining ones, with 1820 gaining, 1792 declining, and 268 remaining unchanged.
Trend Micro Inc. (TYO:4704) and Credit Saison Co., Ltd. (TYO:8253) achieved significant milestones, reaching 52-week highs and 5-year highs, respectively.
The Nikkei Volatility, a gauge of the implied volatility of Nikkei 225 options, experienced a 1.75% decrease, settling at 16.28.
In the commodities market, crude oil for January delivery declined by 0.85%, closing at $73.44 per barrel. Similarly, Brent oil for February delivery fell by 0.89%, reaching $78.18 per barrel. Meanwhile, the February Gold Futures contract exhibited a 0.68% increase, closing at $2,103.90 per troy ounce.
In currency trading, the USD/JPY pair decreased by 0.11%, settling at 146.65, while the EUR/JPY pair experienced a 0.05% decline, closing at 159.51.
The US Dollar Index Futures showed marginal gains, up 0.01% at 103.21. Market participants will be closely monitoring these trends as the week unfolds.