Key Points:
- Japan’s stock saw notable gains from precision instruments and transportation equipment sectors. The Nikkei 225 rose by 0.81%.
- Keyence (TYO:6861), T&D Holdings, Inc. (TYO:8795), and CyberAgent Inc. (TYO:4751) were among the top performers.
- JTEKT Corp. (TYO:6473), Shin-Etsu Chemical Co., Ltd. (TYO:4063), and NTN Corp. (TYO:6472) were among the worst performers.
- 2103 stocks were on the rise, 1529 were on the decline, and 226 were unchanged. The Nikkei Volatility measures decreased by 2.98%.
Japan’s stock ended the trading week positively as gains in the precision instruments, transportation equipment, and electrical/machinery sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 rose by 0.81% or 306.28 to 37,934.76, reflecting the market’s upward momentum.
Keyence (TYO:6861) emerged as one of the session’s best performers on the Nikkei 225, surging by 7.79% or 5,030.00 points to trade at 69,610.00. T&D Holdings, Inc. (TYO:8795) also made notable gains, adding 5.35% or 130.00 points to end at 2,550.00, while CyberAgent Inc (TYO:4751) witnessed a strong uptick of 5.38% or 52.00 points to reach 1,029.00 in late trade.
However, some stocks declined, with JTEKT Corp. (TYO:6473) being one of the session’s worst performers, falling by 9.16% or 127.00 points to trade at 1,260.00 at the close. Shin-Etsu Chemical Co., Ltd. (TYO:4063) declined by 6.37% or 402.00 points to end at 5,906.00, and NTN Corp. (TYO:6472) experienced a downturn of 2.88% or 9.00 points to 307.00.
Overall, rising stocks outnumbered declining ones on the Tokyo Stock Exchange, with 2103 stocks on the rise, 1529 on the decline, and 226 unchanged. The Nikkei Volatility measures the implied volatility of Nikkei 225 options, which decreased by 2.98% or 0.64 to 20.82, indicating a slight reduction in market volatility.
In commodities trading, crude oil for June delivery saw a modest increase of 0.50% or 0.42 to $83.99 a barrel. Brent oil for June delivery rose by 0.54% or 0.48 to hit $89.49 a barrel. Meanwhile, the June Gold Futures contract registered a slight uptick of 0.36% or 8.50 to trade at $2,351.00 a troy ounce.
In currency markets, USD/JPY rose by 0.22% to 156.00, while EUR/JPY also saw a 0.22% increase, reaching 167.38. The US Dollar Index Futures showed minimal movement, increasing by 0.01% to 105.46.
