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Nikkei 225 Slips 0.62% as Paper & Pulp, Railway & Bus, and Services Sectors Record Losses

Japan’s stock market witnessed a decline at the close of Monday’s trading session, with the Nikkei 225 index falling by 0.62%. The downturn was notably led by losses in the Paper & Pulp, Railway & Bus, and Services sectors.

Closing at 0.62% lower, the Nikkei 225 exhibited a mixed performance among its constituent stocks.

Top Performers on the Nikkei 225:

1. Kao Corp. (TYO:4452): The consumer goods company gained 2.42% or 134.00 points, closing at 5,675.00.

2. Mitsubishi UFJ Financial Group Inc (TYO:8306): The financial giant added 2.29%, concluding the session at 1,294.50, up by 29.00 points.

3. Credit Saison Co., Ltd. (TYO:8253): The financial services company rose by 2.14%, closing at 2,453.00 and gaining 51.50 points.

Worst Performers on the Nikkei 225:

1. Mitsubishi Heavy Industries, Ltd. (TYO:7011): The industrial conglomerate experienced a decline of 5.01%, losing 442.00 points and closing at 8,382.00.

2. CyberAgent Inc (TYO:4751): The internet service provider saw a decrease of 3.84%, ending the session at 889.90, down by 35.50 points.

3. Sumitomo Metal Mining Co., Ltd. (TYO:5713): The mining company was down 3.78%, closing at 4,322.00, a decrease of 170.00 points.

Market Statistics:

– Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange, with decliners at 1968, advancers at 1658, and 264 remaining unchanged.

– The Nikkei Volatility, indicating the implied volatility of Nikkei 225 options, decreased by 2.88% to 16.87, reaching a new one-month low.

Commodity and Currency Market:

– Crude oil for January delivery decreased by 0.77% to $74.96 a barrel.
– Brent oil for February delivery fell by 0.67% to $79.94 a barrel.

– December Gold Futures rose by 0.38% to $2,010.55 a troy ounce.

– USD/JPY was down 0.33% at 148.95, while EUR/JPY fell 0.25% to 163.14.

– The US Dollar Index Futures dropped by 0.10% to 103.21.

Investors are closely monitoring these market trends and sector performances for potential shifts in the coming sessions.