On Monday, Japan’s stock market concluded the trading session with slight losses, primarily driven by declines in the Transport, Marine Transport, and Warehousing sectors.
At the close of trading in Tokyo, the Nikkei 225 index dipped by 0.10%.
Among the top performers on the Nikkei 225 were Kansai Electric Power Co Inc (TYO:9503), which saw a gain of 4.98% or 119.00 points, closing at 2,510.00. Additionally, Sumitomo Corp. (TYO:8053) rose by 4.37% or 180.00 points to reach 4,300.00, while J.Front Retailing Co., Ltd. (TYO:3086) climbed by 3.68% or 50.50 points, ending at 1,422.50.
However, the session witnessed declines, with Sumitomo Dainippon Pharma Co Ltd (TYO:4506) experiencing a notable drop of 6.75% or 27.00 points, closing at 373.00. CyberAgent Inc (TYO:4751) fell by 4.09% or 40.20 points to reach 942.20, and Mazda Motor Corp (TYO:7261) declined by 3.24% or 58.00 points, settling at 1,730.00.
The market breadth remained neutral, with falling stocks equalling advancing ones on the Tokyo Stock Exchange.
Kansai Electric Power Co Inc (TYO:9503) saw its shares rise to a 5-year high, while Sumitomo Corp. (TYO:8053) reached an all-time high during the session.
The Nikkei Volatility Index, which gauges the implied volatility of Nikkei 225 options, decreased by 3.63% to 19.91.
In commodities trading, crude oil for June delivery increased by 0.67% or 0.52 to $78.63 a barrel. Brent oil for delivery in July rose by 0.61% or 0.51 to hit $83.47 a barrel, while the June Gold Futures contract climbed by 0.58% or 13.50 to trade at $2,322.10 a troy ounce.
The currency market saw the USD/JPY pair rise by 0.55% to 153.82, while the EUR/JPY pair increased by 0.51% to 165.51.
The US Dollar Index Futures edged up by 0.12% to 105.04.