Key Points
- Nikkei 225 rises 0.80%, buoyed by gains in Banking, Gas & Water, and Retail sectors.
- Fujikura Ltd. (TYO:5803), Dai-ichi Life Holdings Inc. (TYO:8750), and Hitachi Ltd. (TYO:6501) were among the top performers.
- Shiseido Co., Ltd. (TYO:4911), Dai Nippon Printing Co., Ltd. (TYO:7912), and Oriental Land Co., Ltd. (TYO:4661) were among the worst performers.
- 2,026 stocks rose, 1,573 fell, and 278 remained unchanged. The Nikkei Volatility Index dropped 16.09%, signaling reduced market uncertainty.
Japanese stocks closed higher on Monday, driven by gains in the Gas & water, Banking, and Retail sectors. The Nikkei 225 index advanced 0.80%, or 304.99, to 38,513.02, reflecting broad market optimism.
The session’s standout performers included Fujikura Ltd. (TYO:5803), which surged 6.39% or 340 to close at 5,662.00 JPY. Dai-ichi Life Holdings Inc. (TYO:8750) followed closely, climbing 6.27% or 254 to end at 4,305.00 JPY. Hitachi Ltd. (TYO:6501) also posted robust gains of 5.20% or 195, reaching 3,946.00 JPY by the end of trading.
On the downside, Shiseido Co., Ltd. (TYO:4911) was the session’s weakest performer, dropping 6.62% or 189 to hit 2,666.50 JPY, marking a five-year low. Dai Nippon Printing Co., Ltd. (TYO:7912) slipped 1.49% or 34 to 2,251.00 JPY, a three-year low. Oriental Land Co., Ltd. (TYO:4661) fell 1.41% or 50, closing at 3,488.00 JPY.
Advancing stocks outnumbered decliners on the Tokyo Stock Exchange, with 2,026 rising, 1,573 falling, and 278 remaining unchanged. The Nikkei Volatility Index, a measure of implied volatility, dropped 16.09% or 3.59 to 18.72, indicating reduced market uncertainty.
Crude oil prices rose in commodities trading, with January delivery gaining 0.84% or $0.57 to settle at $68.57 per barrel. Similarly, Brent oil for February delivery increased 0.72% or $0.52, closing at $72.36 per barrel. However, February gold Futures fell 1.15% or $30.91, trading at $2,650.09 per troy ounce.
The USD/JPY rose 0.41% to 150.37 on the currency front, while the EUR/JPY climbed 0.13% to 158.33. The US Dollar Index Futures also advanced 0.34%, reaching 106.19.
