Japan stocks concluded Tuesday’s trading session on a positive note, with gains primarily driven by the Paper & Pulp, Shipbuilding, and Precision Instruments sectors.
At the close of trading in Tokyo, the Nikkei 225 index surged by 0.66%.
The top performers on the Nikkei 225 included Sumitomo Realty & Development Co. (TYO:8830), marking an impressive 8.08% increase or 391.00 points to reach 5,232.00 at the session’s close. Tokyo Tatemono Co., Ltd. (TYO:8804) also exhibited strong gains, climbing by 7.34% or 162.50 points to settle at 2,377.50, while Tokyu Fudosan (TYO:3289) rose by 5.83% or 64.50 points to 1,170.50.
Conversely, Pacific Metals Co., Ltd. (TYO:5541) emerged as one of the session’s underperformers, dropping by 3.17% or 44.00 points to trade at 1,346.00 by the session’s end. Terumo Corp. (TYO:4543) and Tokyo Electric Power Co., Inc. (TYO:9501) also experienced declines, slipping by 2.65% and 2.55%, respectively.
On the Tokyo Stock Exchange, rising stocks outnumbered declining ones by 2541 to 1098, while 237 remained unchanged.
Key highlights from today’s trading included Sumitomo Realty & Development Co. (TYO:8830), Tokyo Tatemono Co., Ltd. (TYO:8804), and Tokyu Fudosan (TYO:3289) all reaching record highs during the session.
Looking at market indicators, the Nikkei Volatility Index, reflecting the implied volatility of Nikkei 225 options, experienced a 0.49% decrease to reach 20.23.
In commodity markets, crude oil for May delivery edged down by 0.22% to $81.98 a barrel, while Brent oil for May delivery also dipped by 0.22% to $86.70 a barrel. Additionally, the April Gold Futures contract fell by 0.26% to $2,158.75 a troy ounce.
The USD/JPY pair rose by 0.78% to 150.30, and the EUR/JPY pair increased by 0.73% to 163.36.
Meanwhile, the US Dollar Index Futures climbed by 0.18% to 103.43, rounding out the trading session on a positive note.