Japanese Stocks Close Higher: Nikkei 225 Rises by 1.92%

Japan stocks higher at close of trade; Nikkei 225 up 1.92% © Reuters

On Friday, Japan stocks closed higher, with gains in the Precision Instruments, Insurance, and Mining sectors driving shares upward.

The Nikkei 225 index rose by 1.92% to reach a new all-time high by the close of trading in Tokyo.

Among the top performers on the Nikkei 225 were Kawasaki Kisen Kaisha, Ltd. (TYO:9107), which surged by 8.32% or 595.00 points, trading at 7,748.00 at the session’s close. Japan Steel Works Ltd (TYO:5631) also saw a significant increase of 6.18% or 168.50 points, closing at 2,896.00, while Renesas Electronics Corp (TYO:6723) was up 5.48% or 134.50 points, reaching 2,589.00 in late trade.

However, some stocks performed poorly, with Sumitomo Dainippon Pharma Co Ltd (TYO:4506) falling by 2.69% or 10.00 points to 362.00 at the close. LY Corp (TYO:4689) also saw a decline of 2.64% or 10.90 points, ending at 402.00, and Sapporo Holdings Ltd. (TYO:2501) dropped by 2.59% or 171.00 points to 6,421.00.

On the Tokyo Stock Exchange, falling stocks outnumbered advancing ones, with 2092 declining, 1565 advancing, and 228 remaining unchanged.

Shares in Kawasaki Kisen Kaisha, Ltd. (TYO:9107) reached all-time highs, rising by 8.32% or 595.00 to 7,748.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, increased by 0.05% to 19.23.

In commodities trading, crude oil for April delivery rose by 0.38% or 0.30 to $78.56 a barrel. Brent oil for delivery in May also saw a rise of 0.44% or 0.36, hitting $82.27 a barrel, while the April Gold Futures contract increased by 0.06% or 1.15 to trade at $2,055.85 a troy ounce.

The USD/JPY pair was up by 0.29% to 150.41, while EUR/JPY rose by 0.34% to 162.62.

The US Dollar Index Futures showed a slight decline of 0.02%, closing at 104.08.

Exit mobile version