Japan stocks concluded Wednesday’s trading session on a lower note, with declines particularly evident in the Warehousing, Trading, and Transport sectors, exerting downward pressure on shares. At the close in Tokyo, the Nikkei 225 edged down by 0.08%, reflecting the subdued market sentiment.
The session’s top performers on the Nikkei 225 index were GS Yuasa Corp. (TYO:6674), which saw a significant increase of 21.14%, or 449.50 points, closing at 2,575.50. Additionally, Mitsubishi Corp. (TYO:8058) climbed by 9.74%, or 247.00 points, to reach 2,782.00, while Ricoh Co., Ltd. (TYO:7752) rose by 6.64%, or 79.00 points, ending the session at 1,269.50.
Conversely, LY Corp (TYO:4689) emerged as one of the session’s worst performers, experiencing a decline of 7.22%, or 33.70 points, to trade at 433.30. Daikin Industries, Ltd. (TYO:6367) also recorded a notable decrease of 7.07%, or 1,610.00 points, closing at 21,165.00, while Asahi Kasei Corp. (TYO:3407) dropped by 6.57%, or 73.00 points, to 1,038.50.
The Tokyo Stock Exchange witnessed a higher number of falling stocks than advancing ones, with 1930 stocks declining, 1694 advancing, and 258 ending unchanged. Mitsubishi Corp. (TYO:8058) notably reached all-time highs during the session, surging by 9.74% or 247.00 points to 2,782.00. Market volatility, as measured by the Nikkei Volatility index, rose by 2.99% to 19.97, reflecting increased uncertainty among investors.
In commodities trading, crude oil for March delivery experienced marginal movement, increasing by 0.01% to $73.32 a barrel. Meanwhile, April Brent oil declined slightly by 0.04% to $78.56 a barrel. April Gold Futures also fell by 0.14% to trade at $2,048.55 a troy ounce.
Against the Japanese yen, the US dollar saw a modest increase of 0.07% to 148.04, while the euro strengthened by 0.10% to 159.27 against the yen. The US Dollar Index Futures recorded a slight decline of 0.05%, reaching 104.02, signaling a relatively stable performance in the currency markets.
