On Monday, Japan stocks concluded the trading session on a positive note, driven by gains in sectors like Chemical, Petroleum & Plastic, Power, and Mining.
At the closing bell in Tokyo, the Nikkei 225 surged by 2.53%.
Among the top performers on the Nikkei 225 index were Rakuten Inc (TYO:4755), which soared by 7.34% or 56.50 points to reach 826.50 by the session’s end. Additionally, Nidec Corp (TYO:6594) gained 5.91% or 328.00 points to close at 5,875.00, while Lasertec Corp (TYO:6920) climbed by 5.87% or 2,240.00 points, settling at 40,370.00 during late trading.
Conversely, the session’s worst performers included Tokyo Electric Power Co., Inc. (TYO:9501), which experienced a decline of 14.30% or 138.20 points, closing at 828.00. Chubu Electric Power Co., Inc. (TYO:9502) fell by 3.01% or 61.00 points, ending the session at 1,968.50, and Teijin Ltd. (TYO:3401) dropped by 1.36% or 19.00 points, reaching 1,374.00.
The Tokyo Stock Exchange saw a higher number of rising stocks, with 2743 gaining against 932 declining, while 213 remained unchanged.
The Nikkei Volatility, which gauges the implied volatility of Nikkei 225 options, saw a decrease of 1.17% to 20.33.
In commodity markets, crude oil for May delivery rose by 0.50% or 0.40 to $80.98 per barrel. Meanwhile, Brent oil for May delivery increased by 0.42% or 0.36 to hit $85.70 per barrel. April Gold Futures contracted by 0.50% or 10.85, trading at $2,150.65 per troy ounce.
The USD/JPY pair saw a rise of 0.08% to 149.13, while the EUR/JPY pair increased by 0.07% to 162.38.
The US Dollar Index Futures experienced a slight uptick of 0.02% to 103.08.