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HomeLatestJapan Stocks Close Higher: Nikkei 225 Up 1.32%

Japan Stocks Close Higher: Nikkei 225 Up 1.32%

In Tuesday’s trading session, Japanese stocks exhibited positive momentum, with the Nikkei 225 gaining 1.32% at the close. This upward movement was primarily fueled by notable advancements in the Paper & Pulp, Automobiles & Parts, and Chemical sectors.

At the close in Tokyo, the Nikkei 225 experienced a gain of 1.32%, reflecting the optimistic market sentiment.

Among the top performers on the Nikkei 225, Kawasaki Kisen Kaisha, Ltd. (TYO:9107) showcased a remarkable rise of 5.27%, equivalent to 289.00 points, concluding at 5,769.00 by the end of the trading session. Konami Corp. (TYO:9766) also contributed to the positive trend, adding 5.13% or 363.00 points, reaching a closing value of 7,445.00. Ebara Corp. (TYO:6361) demonstrated a gain of 4.75%, with an increase of 378.00 points, finishing at 8,340.00 in the late trade.

Conversely, the session’s worst performers included Central Japan Railway Co. (TYO:9022), which experienced a decline of 2.62% or 95.00 points, closing at 3,535.00. Daiichi Sankyo Co., Ltd. (TYO:4568) fell 2.40%, or 96.00 points, ending at 3,909.00. Konica Minolta, Inc. (TYO:4902) showed a decrease of 2.21%, shedding 9.40 points, and concluding at 416.00.

The Tokyo Stock Exchange observed a positive market breadth, with rising stocks outnumbering declining ones by 2365 to 1273. Additionally, 246 stocks ended the session unchanged.

Konica Minolta, Inc. (TYO:4902) experienced a dip to its 52-week lows, falling 2.21% or 9.40 points to 416.00.

In the commodities market, crude oil for February delivery slightly declined by 0.04%, or 0.03, reaching $72.79 per barrel. Meanwhile, Brent oil for February delivery rose by 0.18%, or 0.14, reaching $78.09 per barrel. The February Gold Futures contract exhibited a minor decrease of 0.13%, shedding 2.65 points and reaching $2,037.85 per troy ounce.

The USD/JPY currency pair showed an increase of 0.64%, reaching 143.66, while the EUR/JPY pair also rose by 0.64%, reaching 156.98.

The US Dollar Index Futures remained unchanged at 102.18, reflecting a stable performance in the currency markets.