In Tokyo, Japan stocks exhibited strong gains on Wednesday, with the Nikkei 225 rising by 1.47% to reach a new three-month high at the close.
Top performers on the Nikkei 225 included Toppan Printing Co., Ltd. (TYO:7911), surging 8.45% to 4,043.00, Sumitomo Dainippon Pharma Co Ltd (TYO:4506) climbing 5.62% to 451.00, and Kawasaki Kisen Kaisha, Ltd. (TYO:9107) advancing by 5.58% to 6,115.00.
Conversely, Kansai Electric Power Co Inc (TYO:9503) was among the session’s worst performers, declining by 4.67% to 1,815.00, followed by Tokyo Gas Co., Ltd. (TYO:9531) with a 3.85% drop to 3,346.00, and Chubu Electric Power Co., Inc. (TYO:9502) falling 2.98% to 1,792.00.
The Tokyo Stock Exchange saw more rising stocks (1994) than declining ones (1637), with 260 remaining unchanged.
Toppan Printing Co., Ltd. (TYO:7911) reached a 5-year high, surging 8.45% to 4,043.00, while Kawasaki Kisen Kaisha, Ltd. (TYO:9107) hit an all-time high, rising 5.58% to 6,115.00.
The Nikkei Volatility, indicating the implied volatility of Nikkei 225 options, decreased by 7.73% to 17.08.
In commodities trading, crude oil for February delivery increased by 0.20% to $74.09 per barrel. Brent oil for February delivery rose by 0.10% to $79.31 per barrel, and the February Gold Futures contract inched up by 0.09% to $2,053.95 per troy ounce.
USD/JPY was down 0.13% at 143.64, EUR/JPY fell 0.34% to 157.40, and the US Dollar Index Futures rose by 0.09% to 101.89.