Tokyo, Japan – Japanese stocks ended lower on Tuesday, with the Nikkei 225 slipping by 0.13%, as losses in the Shipbuilding, Warehousing, and Precision Instruments sectors weighed heavily on market sentiment.
At the close in Tokyo, the Nikkei 225 lost 0.13% to end at 31,647.39 points.
Top Performers and Sectors
The best performers on the Nikkei 225 were:
SoftBank Group Corp. (TYO:9984), which surged 4.42% or 416.00 points to close at 9,837.00.
Japan Steel Works Ltd. (TYO:5631), which gained 4.25% or 264.00 points, closing at 6,469.00.
Keisei Electric Railway Co., Ltd. (TYO:9009), which rose 4.08% or 164.00 points, ending at 4,181.00.
These stocks saw notable gains as investors sought refuge in certain sectors, despite the overall market decline.
Worst Performers
The worst performers of the session included:
Advantest Corp. (TYO:6857), which plummeted 9.35% or 894.00 points, closing at 8,664.00.
Furukawa Electric Co., Ltd. (TYO:5801), which dropped 4.03% or 283.00 points, ending at 6,732.00.
Nissan Motor Co., Ltd. (TYO:7201), which saw a decline of 3.93% or 13.80 points, closing at 337.60, hitting a three-year low.
In total, 2,326 stocks declined, 1,263 advanced, and 280 remained unchanged on the Tokyo Stock Exchange.
Other Market Indicators
Nikkei Volatility (VIX), which measures the implied volatility of Nikkei 225 options, fell 1.55% to 21.63.
Crude oil for January delivery was down 0.41% or 0.29, trading at $70.42 per barrel.
Brent oil for February delivery rose 0.20% or 0.15, reaching $74.06 per barrel.
Gold Futures for February dropped 0.11% or 2.99, trading at $2,667.01 per ounce.
Currency Markets
- USD/JPY was down 0.01%, trading at 154.13.
- EUR/JPY fell 0.09%, reaching 161.87.
US Dollar Index
The US Dollar Index Futures was slightly higher, rising by 0.07% to 106.63.
Despite strong individual stock performances like SoftBank and Japan Steel Works, the overall market sentiment was subdued due to losses in key sectors, marking a cautious trading day for Japanese equities.
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