Tokyo’s stock market closed higher on Monday, with the Nikkei 225 index recording a 0.63% increase. The positive momentum was driven by gains in the Power, Communication, and Precision Instruments sectors.
Among the top performers on the Nikkei 225 was Seiko Epson Corporation (TYO:6724), surging by 10.42% at the close. Chiyoda Corporation (TYO:6366) also demonstrated strength with an 8.01% rise, while Pacific Metals Co., Ltd. (TYO:5541) climbed by 7.19%.
Conversely, Sumitomo Chemical Co., Ltd. (TYO:4005) experienced a decline of 7.03%, leading the list of worst performers. Minebea Mitsumi Inc (TYO:6479) fell by 5.80%, and Toyota Tsusho Corp. (TYO:8015) dropped 4.18%.
Market breadth favored rising stocks, with 2422 gaining, 1206 declining, and 261 remaining unchanged on the Tokyo Stock Exchange.
The Nikkei Volatility, reflecting the implied volatility of Nikkei 225 options, increased by 3.30% to reach 19.39.
In the commodities market, crude oil for March delivery rose by 0.37%, while Brent oil for April delivery increased by 0.48%. Gold futures for April experienced a 0.33% decrease.
The currency market saw USD/JPY down 0.05% at 148.29, and EUR/JPY fell 0.11% to 159.93.
The US Dollar Index Futures posted a 0.07% gain, closing at 103.86.