Key Points
- Japan Stocks saw gain as Nikkei 225 rose 0.77%, reaching a new one-month high.
- Lasertec Corp (TYO:6920), Isetan Mitsukoshi Holdings Ltd. (TYO:3099), and Dainippon Screen Mfg. Co., Ltd. (TYO:7735) were among the best performers.
- Eneos Holdings Inc. (TYO:5020), Inpex Corp. (TYO:1605), and Toray Industries, Inc. (TYO:3402) were among the worst performers.
- 2,270 stocks gained, compared to 1,342 that declined and 256 that ended unchanged. The Nikkei Volatility Index dropped to 27.14.
Japan’s stock market closed higher on Tuesday. The Nikkei 225 index climbed 0.77% or 304.75 to 39,910.55, reaching a new one-month high. Gains were led by strength in the Shipbuilding, Retail, and Transportation Equipment sectors, which supported the positive momentum. Investors remained optimistic despite some losses in the energy sector.
Among the best performers on the Nikkei 225 was Lasertec Corp (TYO:6920), which surged 6.63% or 1,590 to close at 25,590. Isetan Mitsukoshi Holdings Ltd. (TYO:3099), a major retail player, also posted significant gains, rising 6.55% or 155 to 2,520—additionally, Dainippon Screen Mfg. Co., Ltd. (TYO:7735) rose 6.40% or 670, closing at 11,14.
On the downside, Eneos Holdings Inc. (TYO:5020) was among the session’s worst performers, dropping 4.71% or 40 to settle at 802. Similarly, Inpex Corp. (TYO:1605), another energy company, fell 3.26% or 68 to end at 2,032. Toray Industries, Inc. (TYO:3402) also saw losses, declining 3.05% or 26 to close at 823.
Overall, rising stocks outnumbered falling on the Tokyo Stock Exchange, with 2,270 stocks gaining compared to 1,342 declined and 256 ending unchanged. The Nikkei Volatility Index, which measures implied volatility in Nikkei 225 options, dropped by 1.53 or 5.33% to 27.14, indicating stable market sentiment.
In commodities, crude oil for November delivery dropped 3.67%, or $2.71, to $71.12 a barrel. Likewise, Brent oil for December delivery fell 3.63%, or $2.81, to $74.65 a barrel. Gold futures also edged down, with the December contract slipping 0.09% or $2.30 to trade at $2,663.30 per troy ounce.
The USD/JPY pair declined 0.19% to 149.46 in currency markets, while the EUR/JPY fell 0.34% to 162.82. The U.S. Dollar Index Futures was down marginally by 0.02% to 103.06, showing little change against a basket of currencies.
