Tokyo’s stock market, represented by the Nikkei 225, concluded Wednesday’s trading session with a slight downturn, as the Warehousing, Trading, and Transport sectors experienced notable losses.
At the close, the Nikkei 225 recorded a modest decline of 0.08%, reflecting the prevailing market sentiment. The session’s standout performers included GS Yuasa Corp. (TYO:6674), soaring by an impressive 21.14% or 449.50 points to settle at 2,575.50. Mitsubishi Corp. (TYO:8058) also exhibited strength, advancing by 9.74% or 247.00 points to reach 2,782.00, while Ricoh Co., Ltd. (TYO:7752) climbed 6.64% or 79.00 points, closing at 1,269.50.
Conversely, LY Corp (TYO:4689) experienced a decline of 7.22%, shedding 33.70 points to reach 433.30 at the close. Daikin Industries, Ltd. (TYO:6367) followed suit, decreasing by 7.07% or 1,610.00 points, settling at 21,165.00, and Asahi Kasei Corp. (TYO:3407) observed a 6.57% dip, losing 73.00 points to close at 1,038.50.
The Tokyo Stock Exchange witnessed 1930 declining stocks, outnumbering the 1694 advancing ones, with 258 stocks closing unchanged.
Mitsubishi Corp. (TYO:8058) notably reached all-time highs, surging by 9.74% or 247.00 to 2,782.00.
Market volatility, measured by the Nikkei Volatility, increased by 2.99% to reach 19.97.
In commodities trading, crude oil for March delivery experienced a marginal increase of 0.01%, settling at $73.32 per barrel. On the other hand, Brent oil for April delivery fell by 0.04% or 0.03, reaching $78.56 a barrel. The April Gold Futures contract dipped by 0.14% or 2.85, closing at $2,048.55 per troy ounce.
In currency markets, USD/JPY recorded a slight increase of 0.07%, reaching 148.04, while EUR/JPY rose by 0.10% to 159.27.
The US Dollar Index Futures experienced a marginal decline of 0.05%, settling at 104.02. The market continues to reflect a nuanced landscape, influenced by global economic indicators and geopolitical factors.