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HomeLatestJapan Stocks Higher at Close of Trade; Nikkei 225 Up 1.41%

Japan Stocks Higher at Close of Trade; Nikkei 225 Up 1.41%

Japan stocks ended the trading session on Thursday on a positive note, with gains seen in the Manufacturing, Mining, and Precision Instruments sectors leading the shares higher.

At the close of trading in Tokyo, the Nikkei 225 surged by 1.41%, reaching a new one-month high.

Among the top performers on the Nikkei 225 were Credit Saison Co., Ltd. (TYO:8253), which soared by 11.75% or 337.00 points to trade at 3,206.00 by the close. Additionally, Recruit Holdings Co Ltd (TYO:6098) gained 9.11% or 644.00 points to finish at 7,710.00, and Japan Steel Works Ltd (TYO:5631) was up 6.55% or 256.00 points, settling at 4,164.00 at the end of the session.

On the downside, Nisshin Seifun Group Inc. (TYO:2002) was among the worst performers, witnessing a decline of 8.54% or 174.50 points, closing at 1,868.50. Nippon Paper Industries Co., Ltd. (TYO:3863) also dropped 8.34% or 92.00 points to finish at 1,011.00, while Sumitomo Chemical Co., Ltd. (TYO:4005) fell 6.27% or 21.10 points to 315.60.

In trading on the Tokyo Stock Exchange, falling stocks outnumbered advancing ones, with 2456 declining, 1218 advancing, and 206 remaining unchanged.

Recruit Holdings Co Ltd (TYO:6098) reached its 52-week high, rising by 9.11% or 644.00 points to 7,710.00, while Nippon Paper Industries Co., Ltd. (TYO:3863) touched its 52-week low, dropping 8.34% or 92.00 points to 1,011.00. Japan Steel Works Ltd (TYO:5631) also reached its 52-week high, gaining 6.55% or 256.00 points to 4,164.00.

The Nikkei Volatility, measuring the implied volatility of Nikkei 225 options, decreased by 8.30% to 18.23, marking a new three-month low.

In commodities trading, crude oil for June delivery rose by 0.39% or 0.31 to $78.94 a barrel, while Brent oil for July delivery increased by 0.35% or 0.29 to $83.04 a barrel. Additionally, the June Gold Futures contract fell by 0.11% or 2.60 to trade at $2,392.30 a troy ounce.

USD/JPY was down 0.44% to 154.19, and EUR/JPY fell 0.50% to 167.74.

The US Dollar Index Futures decreased by 0.04% to 104.17.