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HomeLatestJapan's Nikkei 225 Surges 2.01% at Close, Led by Power, Retail, and...

Japan’s Nikkei 225 Surges 2.01% at Close, Led by Power, Retail, and Real Estate Sectors

Japan’s stock market, represented by the Nikkei 225, experienced a 2.01% increase at the close of Wednesday’s trading session. The positive momentum was driven by gains in the Power, Retail, and Real Estate sectors.

Top performers on the Nikkei 225 included Toppan Printing Co., Ltd. (TYO:7911), which surged by 11.03%, Tokyo Electric Power Co., Inc. (TYO:9501) with an 8.07% increase, and Dainippon Screen Mfg. Co., Ltd. (TYO:7735), rising by 4.53%.

Conversely, Shiseido Co., Ltd. (TYO:4911) was among the worst performers, declining by 0.99%, along with Keio Corp. (TYO:9008) and Nippon Sheet Glass Co., Ltd. (TYO:5202), which fell by 0.59% and 0.48%, respectively.

Overall, rising stocks significantly outnumbered declining ones, with 2829 gaining, 806 declining, and 232 remaining unchanged on the Tokyo Stock Exchange.

Toppan Printing Co., Ltd. (TYO:7911) reached 5-year highs, showcasing an 11.03% increase to 4,037.00.

The Nikkei Volatility, measuring the implied volatility of Nikkei 225 options, rose by 4.79% to reach 17.06.

In commodity trading, crude oil for January delivery experienced a minimal 0.03% decrease to $72.30 a barrel. Meanwhile, Brent oil for February delivery increased by 0.10% to $77.28 a barrel, and the February Gold Futures contract rose by 0.32% to $2,042.80 per troy ounce.

Currency-wise, USD/JPY saw a 0.04% increase to 147.21, while EUR/JPY fell by 0.03% to 158.84.

The US Dollar Index Futures experienced a slight 0.06% decrease, reaching 103.93.