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Positive Momentum in Tokyo as Nikkei 225 Records a 0.27% Increase

The Japanese stock market exhibited upward momentum at the close of Monday’s trading session, with the Nikkei 225 index experiencing a 0.27% rise. This positive trend was spearheaded by notable gains in the Finance & Investment, Shipbuilding, and Banking sectors.

Closing in Tokyo, the Nikkei 225 reported a 0.27% increase.

Leading the pack among the session’s best performers on the Nikkei 225 was Konami Corp. (TYO:9766), marking a substantial 4.26% gain or 322.00 points to conclude at 7,874.00. Additionally, Resonac Holdings Corp (TYO:4004) demonstrated strength with a 4.22% increase, adding 120.50 points to reach 2,978.00, while Nomura Holdings Inc (TYO:8604) registered a rise of 4.16%, closing at 669.20 during late trade.

Conversely, LY Corp (TYO:4689) faced a decline of 2.38%, amounting to a loss of 11.80 points and settling at 483.30. Shiseido Co., Ltd. (TYO:4911) followed suit with a 2.18% decrease, concluding the session at 4,212.00, while Yaskawa Electric Corp. (TYO:6506) experienced a 1.67% drop, losing 96.00 points and settling at 5,650.00.

The Tokyo Stock Exchange witnessed an equal number of falling and advancing stocks, resulting in a balance.

Resonac Holdings Corp (TYO:4004) reached a 52-week high, boasting a 4.22% increase to 2,978.00, while Nomura Holdings Inc (TYO:8604) also achieved a 52-week high with a 4.16% gain, closing at 669.20.

The Nikkei Volatility, gauging the implied volatility of Nikkei 225 options, experienced a 1.23% decrease, settling at 18.46.

In commodities trading, Crude oil for February delivery witnessed a 1.46% decrease, amounting to a loss of 1.08 and settling at $72.73 per barrel. Meanwhile, Brent oil for delivery in March recorded a 1.33% decline, losing 1.05 and closing at $77.71 per barrel, with the February Gold Futures contract falling 0.57%, settling at $2,038.20 per troy ounce.

The USD/JPY exchange rate faced a 0.32% decrease, reaching 144.18, while EUR/JPY fell by 0.30% to 157.79.

The US Dollar Index Futures remained unchanged at 102.13.