Tokyo, Japan – Japan’s stock market closed lower on Tuesday, with declines in the Marine Transport, Machinery, and Warehousing sectors driving the downturn. The Nikkei 225 index slipped by 0.10% at the close.
Among the session’s top performers, Furukawa Electric Co., Ltd. (TYO:5801) surged 9.08%, gaining 363.00 points to finish at 4,360.00. Sumitomo Electric Industries Ltd. (TYO:5802) also saw a notable rise, climbing 5.89% or 145.50 points to close at 2,615.00. Kansai Electric Power Co Inc (TYO:9503) increased by 5.50%, adding 150.00 points to end the session at 2,877.50.
Conversely, Lasertec Corp (TYO:6920) led the laggards, dropping 3.19% or 1,390.00 points to close at 42,220.00. Sharp Corp (TYO:6753) fell by 2.86%, losing 27.20 points to finish at 924.70, while Bandai Namco Holdings Inc (TYO:7832) declined 2.82% or 84.50 points, closing at 2,915.50.
The Tokyo Stock Exchange saw a greater number of declining stocks compared to advancing ones, with 1,917 stocks falling and 1,656 rising, while 296 remained unchanged.
Furukawa Electric Co., Ltd. (TYO:5801) achieved a five-year high, increasing 9.08% to 4,360.00. Sumitomo Electric Industries Ltd. (TYO:5802) reached an all-time high, rising 5.89% to 2,615.00. Kansai Electric Power Co Inc (TYO:9503) also hit a five-year high, climbing 5.50% to 2,877.50.
The Nikkei Volatility Index, which gauges the implied volatility of Nikkei 225 options, decreased by 1.06% to 16.78.
In the commodities market, crude oil for July delivery rose 0.28% or 0.22 to $78.77 a barrel. Brent oil for August delivery inched up 0.05% or 0.04 to $82.