Latest Articles

HomeLatestJapanese Stocks Reach 5-Year High as Nikkei 225 Gains 1.19%

Japanese Stocks Reach 5-Year High as Nikkei 225 Gains 1.19%

Japan’s stock market closed on a positive note on Tuesday, with the Nikkei 225 rising by 1.19%, reaching a new 5-year high. The Finance & Investment, Shipbuilding, and Banking sectors were among the key contributors to the upward movement.

At the close in Tokyo, the Nikkei 225 recorded a 1.19% gain.

Top performers on the Nikkei 225 included DeNA Co Ltd (TYO:2432), surging by 9.13% or 126.50 points to trade at 1,511.50 at the close. Omron Cor (TYO:6645) saw a 6.22% increase, adding 391.00 points to end at 6,677.00, while Advantest Corp. (TYO:6857) experienced a 6.05% gain, rising by 282.00 points to 4,945.00 in late trade.

Conversely, Kawasaki Kisen Kaisha, Ltd. (TYO:9107) was among the worst performers, falling by 3.72% or 246.00 points to trade at 6,361.00 at the close. DIC Corp (TYO:4631) declined by 2.64%, losing 72.00 points to end at 2,652.50, and Kyocera Corp. (TYO:6971) dropped by 2.19%, down 45.00 points to 2,010.00.

The Tokyo Stock Exchange reported 2850 rising stocks, 877 declining ones, and 175 that ended unchanged.

The Nikkei Volatility, measuring the implied volatility of Nikkei 225 options, decreased by 1.23% to 18.46.

In commodities trading, Crude oil for February delivery decreased by 0.31% or 0.22, reaching $70.55 per barrel. Brent oil for March delivery fell by 0.13% or 0.10, hitting $76.02 per barrel, while the February Gold Futures contract rose by 0.25% or 5.10, trading at $2,038.60 per troy ounce.

USD/JPY was down 0.19% to 143.94, while EUR/JPY fell 0.21% to 157.62.

The US Dollar Index Futures increased by 0.07% to 102.00.