On Friday, the stock market in Japan concluded the trading session with a decline, primarily driven by losses witnessed in sectors such as Fishery, Railway & Bus, and Finance & Investment.
The Nikkei 225 index, a key benchmark for Japanese stocks, experienced a decrease of 1.46% by the close of trading in Tokyo.
Among the notable gainers on the Nikkei 225 was Mitsubishi Heavy Industries, Ltd. (TYO:7011), which saw its stock price surge by 5.93% or 81.00 points, settling at 1,446.00. Similarly, Obayashi Corp. (TYO:1802) recorded an impressive increase of 3.85% or 69.00 points, closing at 1,862.50, while Tokyo Tatemono Co., Ltd. (TYO:8804) witnessed a notable gain of 3.73% or 95.00 points, reaching a closing price of 2,640.50 during late trading.
However, some stocks faced downward pressure during the session. Lasertec Corp (TYO:6920) experienced a decline of 2.24% or 960.00 points, ending the day at 41,970.00. Mitsui Chemicals, Inc. (TYO:4183) also saw a decrease of 2.21% or 98.00 points, settling at 4,328.00, while Nippon Yusen K.K (TYO:9101) declined by 1.73% or 72.00 points, closing at 4,078.00.
The Tokyo Stock Exchange reported more advancing stocks than declining ones, with 2868 stocks advancing, 835 declining, and 180 remaining unchanged.
Tokyo Tatemono Co., Ltd. (TYO:8804) reached a significant milestone by achieving a 5-year high, reflecting a gain of 3.73% or 95.00 points to close at 2,640.50.
The Nikkei Volatility index, which measures the implied volatility of Nikkei 225 options, increased by 2.99% to reach 19.28.
In commodities trading, crude oil for May delivery witnessed a rise of 2.16% or 1.76 to $83.11 per barrel. Additionally, Brent oil for June delivery experienced a marginal increase of 0.05% or 0.04, reaching $86.99 per barrel. Moreover, the June Gold Futures contract saw a notable rise of 1.90% or 42.10, trading at $2,254.80 per troy ounce.