Tokyo’s Nikkei 225 index closed on Friday with a remarkable 2.19% surge, reaching a new all-time high. Gains were primarily driven by strong performances in the Shipbuilding, Precision Instruments, and Paper & Pulp sectors.
At the closing bell in Tokyo, the Nikkei 225 demonstrated its strength, recording a notable 2.19% increase. The standout performers contributing to this achievement included Mitsui Engineering & Shipbuilding, which soared by 26.22%, reaching a closing figure of 1,444.00. Dainippon Screen Mfg. Co., Ltd. followed suit, climbing 10.16% to finish at 19,895.00, and Advantest Corp. experienced a 7.49% increase, closing at 7,088.00.
Conversely, Chugai Pharmaceutical Co., Ltd. experienced a 4.11% decline, settling at 5,648.00, while Sumitomo Dainippon Pharma Co Ltd declined by 2.51%, closing at 349.00. CyberAgent Inc also faced a 2.33% drop, closing at 1,029.00.
Despite these variations, advancing stocks dominated the Tokyo Stock Exchange, showcasing the overall bullish sentiment.
Mitsui Engineering & Shipbuilding reached a five-year high, Dainippon Screen Mfg. Co., Ltd. achieved an all-time high, and Advantest Corp. also reached new record highs during the session.
The Nikkei Volatility, measuring the implied volatility of Nikkei 225 options, experienced a 4.82% decrease, settling at 19.56.
In the commodities market, crude oil for April delivery saw a 0.66% decline to $78.09 per barrel. Brent oil for April delivery also dropped 0.61% to $83.16 per barrel, and the April Gold Futures contract fell by 0.10%, closing at $2,028.60 per troy ounce.
The USD/JPY pair experienced a slight increase of 0.08%, reaching 150.63, while the EUR/JPY pair rose by 0.09%, closing at 163.07.
The US Dollar Index Futures showed a marginal decline of 0.02%, settling at 103.86.