Key Points:
- Japanese stocks declined, particularly in the Shipbuilding, Power, and Fishing sectors, with the Nikkei 225 dropping by 1.46%.
- Fujikura Ltd. (TYO:5803), Nippon Electric Glass Co., Ltd. (TYO:5214), and Sumitomo Realty & Development Co. (TYO:8830) were among the session’s best performers.
- Conversely, Obayashi Corp. (TYO:1802), Nissui Corp (TYO:1332), and Credit Saison Co., Ltd. (TYO:8253) were among the worst performers in the session.
- On the Tokyo Stock Exchange, 2827 stocks declined, 900 advanced, and 147 remained unchanged. The Nikkei 225 Volatility Index decreased by 0.22%.
Japanese stocks experienced a downturn on Thursday, with losses in the Shipbuilding, Power, and Fishery sectors leading the Nikkei 225 index to decline by 1.46% at the close in Tokyo.
The session’s best performers on the Nikkei 225 included Fujikura Ltd. (TYO:5803), which rose by 4.11% or 88.00 points to reach 2,230.00 by the close. Nippon Electric Glass Co., Ltd. (TYO:5214) also saw gains of 2.52% or 95.00 points, closing at 3,861.00, while Sumitomo Realty & Development Co. (TYO:8830) climbed 2.63% or 144.00 points to end the day at 5,616.00.
Conversely, the session’s worst performers included Obayashi Corp. (TYO:1802), which fell by 2.21% or 40.00 points, closing at 1,794.00. Nissui Corp (TYO:1332) declined by 3.53% or 35.00 points, reaching 948.00, and Credit Saison Co., Ltd. (TYO:8253) dropped by 1.96% or 62.00 points, ending the session at 3,107.00.
On the Tokyo Stock Exchange, falling stocks outnumbered advancing ones, with 2827 stocks declining, 900 advancing, and 147 remaining unchanged. Fujikura Ltd. (TYO:5803) and Realty & Development Co. (TYO:8830) saw shares rise to all-time highs, while Nippon Electric Glass Co., Ltd. (TYO:5214) reached 5-year highs. The Nikkei Volatility measures the implied volatility of Nikkei 225 options, decreased by 0.22% to 19.06.
In commodities trading, crude oil for May delivery rose by 0.58% to $81.82 a barrel, while Brent oil for June delivery increased by 0.47% to $85.81 a barrel. June Gold Futures rose by 0.24% to trade at $2,218.10 a troy ounce.
Currency pairs showed mixed movements, with USD/JPY remaining unchanged at 151.32, while EUR/JPY fell by 0.04% to 163.69. The US Dollar Index Futures edged up by 0.02% to 104.08.