Japan’s stock market experienced a downturn at the close of trading on Monday, with the Nikkei 225 witnessing a 0.64% decrease. The decline was primarily attributed to losses in the Food, Insurance, and Pharmaceutical Industry sectors.
At the close in Tokyo, the Nikkei 225 index fell by 0.64%. Among the notable gainers during the session were Kawasaki Kisen Kaisha, Ltd. (TYO:9107), registering a 6.66% increase, Nippon Yusen K.K (TYO:9101) with a rise of 6.24%, and CyberAgent Inc (TYO:4751) climbing by 4.75%.
Conversely, the worst performers included Mitsui Engineering & Shipbuilding (TYO:7003), witnessing a 4.54% drop, Dai Nippon Printing Co., Ltd. (TYO:7912) declining by 3.46%, and Recruit Holdings Co Ltd (TYO:6098) experiencing a 3.42% decrease.
The overall market sentiment showed a prevalence of falling stocks, outnumbering advancing ones on the Tokyo Stock Exchange, with 2376 declining, 1279 advancing, and 230 remaining unchanged.
The Nikkei Volatility, reflecting the implied volatility of Nikkei 225 options, decreased by 3.72% to 17.34.
In the commodities market, crude oil for February delivery rose by 0.84% to $72.38 a barrel. Brent oil for February delivery increased by 0.74% to $77.12 a barrel, while the February Gold Futures contract rose by 0.07% to $2,037.10 per troy ounce.
Currency-wise, USD/JPY saw a 0.10% increase to 142.29, and EUR/JPY rose by 0.27% to 155.33. The US Dollar Index Futures experienced a 0.10% decrease, settling at 102.08.