Key Points:
- Nikkei 225 experienced a 1.31% decline, led by losses in Precision Instruments and Communication sectors.
- Kawasaki Heavy Industries, Ltd. (TYO:7012) stands out as a top performer, with a 5.43% increase and reaching 5-year highs.
- Mazda Motor Corp (TYO:7261) and Dainippon Screen Mfg. Co., Ltd. (TYO:7735) among the worst performers.
- 2291 declining stocks against 1381 advancing ones, while 208 ended the session unchanged. Nikkei Volatility index rises by 2.40%.
On Thursday, Japan’s stocks experienced a downturn, with losses in the precision instruments, communication, and electrical/machinery sectors leading the market to a lower level. At the close in Tokyo, the Nikkei 225 index fell by 1.31%.
Among the top performers on the Nikkei 225 were Kawasaki Heavy Industries, Ltd. (TYO:7012), which surged by 5.43% or 248.00 points to close at 4,813.00. DeNA Co Ltd (TYO:2432) also saw gains of 4.35% or 58.50 points, ending the session at 1,403.00, while Osaka Gas Co., Ltd. (TYO:9532) rose by 3.77% or 116.00 points to 3,197.00.
Conversely, the worst performers included Mazda Motor Corp (TYO:7261), which tumbled by 6.28% or 112.00 points to trade at 1,672.50. Dainippon Screen Mfg. Co., Ltd. (TYO:7735) declined by 6.11% or 1,225.00 points, closing at 18,820.00, and Nissan Motor Co., Ltd. (TYO:7201) was down by 4.78% or 27.90 points to 555.70.
On the Tokyo Stock Exchange, falling stocks significantly outnumbered advancing ones, with 2291 declining stocks against 1381 advancing ones, while 208 ended the session unchanged. Kawasaki Heavy Industries, Ltd. (TYO:7012) witnessed a notable rise, reaching 5-year highs and gaining 5.43% to close at 4,813.00. The Nikkei Volatility Index, which measures the implied volatility of Nikkei 225 options, rose by 2.40% to 20.87.
In commodities trading, crude oil for April delivery saw a slight uptick of 0.04% to $79.16 a barrel, while Brent oil for May delivery rose by 0.05% to $83.00 a barrel. The April Gold Futures contract increased by 0.13% to trade at $2,161.10 a troy ounce.
The USD/JPY pair was down by 0.60% to 148.48, and the EUR/JPY pair fell by the same percentage to 161.87. The US Dollar Index Futures experienced a modest decline of 0.11% at 103.21.
