The Japanese stock market concluded Tuesday’s session with a downturn, marked by notable losses in the Warehousing, Trading, and Transport sectors, contributing to a 0.56% decline in the Nikkei 225.
At the close in Tokyo, the Nikkei 225 index reported a decrease of 0.56%. Among the session’s top performers on the Nikkei 225 were Mitsubishi Heavy Industries, Ltd. (TYO:7011), witnessing a commendable increase of 6.43% or 650.00 points, closing at 10,755.00. Similarly, Nippon Electric Glass Co., Ltd. (TYO:5214) demonstrated a positive trend, adding 5.88% or 200.00 points to conclude at 3,604.00, while Nissui Corp (TYO:1332) recorded a gain of 5.57%, equivalent to 45.70 points, finishing at 865.90 during late trade.
Conversely, the session’s worst performers included Omron Corp (TYO:6645), experiencing a significant decline of 15.27% or 1,000.00 points, closing at 5,547.00. Pacific Metals Co., Ltd. (TYO:5541) also faced a downturn, dropping 10.07% or 153.00 points to end at 1,367.00, while Yamato Holdings Co., Ltd. (TYO:9064) reported a decrease of 7.28%, representing 191.50 points, to settle at 2,440.50.
The Tokyo Stock Exchange saw a prevalence of falling stocks, outnumbering advancing ones with 2416 to 1224, while 236 ended unchanged.
Mitsubishi Heavy Industries, Ltd. (TYO:7011), Nippon Electric Glass Co., Ltd. (TYO:5214), and Nissui Corp (TYO:1332) marked significant milestones, reaching 5-year highs, with respective gains of 6.43%, 5.88%, and 5.57%.
The Nikkei Volatility, gauging the implied volatility of Nikkei 225 options, observed an increase of 2.99%, reaching 19.97.
In the commodities market, March delivery of crude oil saw a marginal uptick of 0.04% or 0.03, closing at $72.81 per barrel. Brent oil for delivery in April experienced a slight increase of 0.05% or 0.04, reaching $78.03 per barrel. Simultaneously, the April Gold Futures contract reported a modest rise of 0.02% or 0.40, trading at $2,043.30 per troy ounce.
Currency markets revealed a decline in USD/JPY by 0.20% to 148.38, while EUR/JPY also saw a decrease of 0.14%, settling at 159.50.
The US Dollar Index Futures dipped by 0.10%, reaching 104.21.