Japan stocks experienced significant gains on Monday, with the Nikkei 225 reaching a new 5-year high. The Precision Instruments, Electrical/Machinery, and Machinery sectors led the upward momentum.
At the close in Tokyo, the Nikkei 225 rose by 1.71%, marking a notable milestone. Yamaha Motor Co Ltd (TYO:7272) emerged as a top performer during the session, with a 6.26% increase, reaching 1,468.50 points. Dainippon Screen Mfg. Co., Ltd. (TYO:7735) and Toppan Printing Co., Ltd. (TYO:7911) also posted strong gains, rising by 5.03% and 4.23%, respectively.
On the flip side, Recruit Holdings Co Ltd (TYO:6098) experienced a 1.21% decline, Takara Holdings Inc. (TYO:2531) fell by 1.11%, and Asahi Group Holdings, Ltd. (TYO:2502) was down 1.03%.
Overall, rising stocks outnumbered declining ones on the Tokyo Stock Exchange, with 3184 gaining, 525 declining, and 186 ending unchanged.
Yamaha Motor Co Ltd (TYO:7272) reached all-time highs during the session, while Toppan Printing Co., Ltd. (TYO:7911) achieved 5-year highs.
The Nikkei Volatility, reflecting the implied volatility of Nikkei 225 options, increased by 1.08% to 20.67.
In commodities trading, crude oil for March delivery dipped by 0.42% to $72.94 a barrel. Brent oil for March delivery also fell by 0.45% to $78.21 a barrel. The February Gold Futures contract decreased by 0.18% to $2,025.60 a troy ounce.
The USD/JPY pair was down 0.09% at 148.01, and the EUR/JPY pair fell by 0.04% to 161.46.
The US Dollar Index Futures declined by 0.12% to 102.94.