Tokyo, Nov 02, 2023 – Japan’s stock market saw positive performance at the close of Thursday’s trading session, driven by notable gains in the Warehousing, Finance & Investment, and Transportation Equipment sectors.
The Nikkei 225, a key indicator of Japan’s stock market, exhibited a remarkable 1.20% increase as the closing bell rang.
Top performers on the Nikkei 225 included Advantest Corp. (TYO:6857), which surged by an impressive 10.00%, or 359.00 points, concluding the session at 3,949.00. Kikkoman Corp. (TYO:2801) also made significant gains, rising by 8.05%, or 707.00 points, to close at 9,490.00. Dainippon Screen Mfg. Co., Ltd. (TYO:7735) demonstrated a strong performance, with a 7.70% increase, adding 573.00 points and closing at 8,014.00 in late trade.
However, there were notable decliners as well, with Yamaha Corp. (TYO:7951) experiencing an 8.58% decline, shedding 350.00 points to close at 3,730.00. Astellas Pharma Inc. (TYO:4503) declined by 4.78%, losing 93.00 points to end at 1,851.00. Mitsubishi Corp. (TYO:8058) was down 4.23%, with a loss of 304.00 points, closing at 6,891.00.
The Tokyo Stock Exchange saw more rising stocks than declining ones, with 2192 stocks advancing, 1441 declining, and 229 remaining unchanged.
Yamaha Corp. (TYO:7951) touched a 3-year low, declining by 8.58% to 3,730.00. On the other hand, Kikkoman Corp. (TYO:2801) reached a 52-week high, climbing by 8.05% to 9,490.00.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, decreased by 4.95% to reach 20.94.
In commodities trading, crude oil for December delivery rose by 1.19%, or 0.96, reaching $81.40 per barrel. Meanwhile, Brent oil for January delivery increased by 1.13%, or 0.96, reaching $85.59 per barrel. The December Gold Futures contract also saw gains, rising by 0.30%, or 5.95, to trade at $1,993.45 per troy ounce.
The USD/JPY exchange rate experienced a 0.37% decrease, falling to 150.40, while EUR/JPY fell by 0.05% to 159.50.
The US Dollar Index Futures were down 0.50%, closing at 106.18.
In summary, Japan’s stock market ended the trading session on a positive note, with the Nikkei 225 posting a substantial 1.20% gain, driven by strong performances in various sectors.
