On Monday, Japan’s stock market concluded the trading session with a downturn, driven by losses in the Shipbuilding, Mining, and Transportation Equipment sectors.
At the close in Tokyo, the Nikkei 225 index experienced a decline of 1.10%.
Among the top performers on the Nikkei 225, Japan Steel Works Ltd (TYO:5631) stood out, rising by 4.63% or 142.00 points to reach 3,209.00 at the closing bell. Similarly, Japan Exchange Group Inc (TYO:8697) gained 4.55% or 184.00 points, finishing at 4,225.00, while Advantest Corp. (TYO:6857) saw an increase of 2.90% or 190.00 points to reach 6,736.00 by the end of the trading day.
Conversely, the session’s worst performers included Sharp Corp (TYO:6753), which witnessed a decline of 6.61% or 58.40 points, closing at 825.00. Secom Co., Ltd. (TYO:9735) also experienced a downturn, dropping by 5.07% or 595.00 points to end the day at 11,150.00, while Nexon Co Ltd (TYO:3659) fell by 4.39% or 117.00 points, settling at 2,550.50.
The Tokyo Stock Exchange witnessed a predominance of falling stocks over advancing ones, with 2330 stocks declining, 1370 advancing, and 189 remaining unchanged.
Japan Steel Works Ltd (TYO:5631) and Japan Exchange Group Inc (TYO:8697) both achieved notable milestones, with the former reaching a 52-week high and the latter hitting an all-time high.
The Nikkei Volatility, reflecting the implied volatility of Nikkei 225 options, decreased by 1.75% to 18.50, marking a new 1-month low.
In commodities trading, crude oil for May delivery rose by 0.53% to $81.06 per barrel. Meanwhile, Brent oil for delivery in June increased by 0.48% to $85.24 per barrel, and the April Gold Futures contract rose by 0.38% to trade at $2,168.20 per troy ounce.
In currency markets, USD/JPY declined by 0.11% to 151.25, while EUR/JPY fell by 0.02% to 163.62.
The US Dollar Index Futures dropped by 0.13% to 104.04.