In the aftermath of Friday’s trading session, Japanese stocks concluded on a lower note, primarily influenced by setbacks in the Banking, Insurance, and Steel sectors.
At the close in Tokyo, the Nikkei 225 experienced a marginal loss of 0.11%.
Leading the positive trajectory on the Nikkei 225 were notable performances from Mitsui Engineering & Shipbuilding (TYO:7003), marking an impressive 5.34% surge or 29.00 points to settle at 572.00 at the close. Additionally, Seven & i Holdings Co., Ltd. (TYO:3382) exhibited a gain of 5.31%, equivalent to 292.00 points, concluding the session at 5,787.00. Trend Micro Inc. (TYO:4704) also displayed resilience, recording a 4.51% increase or 339.00 points, reaching 7,853.00 in late trade.
Conversely, the session witnessed underwhelming performances from the likes of Rakuten Inc (TYO:4755), which incurred a 4.39% decline or 25.70 points, concluding at 560.00. Taiyo Yuden Co., Ltd. (TYO:6976) faced a 3.63% dip, shedding 139.00 points to end at 3,695.00, while CyberAgent Inc (TYO:4751) experienced a 3.11% downturn, equivalent to 27.80 points, reaching 866.80.
Market statistics on the Tokyo Stock Exchange revealed a prevalence of falling stocks over advancing ones, with 2113 stocks declining, 1519 advancing, and 240 maintaining their positions.
Trend Micro Inc. (TYO:4704) soared to a 52-week high, marking a notable 4.51% increase or 339.00 points, reaching 7,853.00.
The Nikkei Volatility, gauging the implied volatility of Nikkei 225 options, surged by 5.70% to 17.05.
In commodities trading, Crude oil for January delivery experienced a modest decrease of 0.14%, translating to 0.11, settling at $75.85 a barrel. In parallel, Brent oil for delivery in February witnessed a 0.32% decline or 0.26, reaching $80.60 a barrel. Meanwhile, the December Gold Futures contract recorded a 0.16% uptick or 3.20, trading at $2,041.30 a troy ounce.
Currency markets reported the USD/JPY pair with a 0.08% decline to 148.07, whereas the EUR/JPY pair observed a 0.09% increase, settling at 161.50.
The US Dollar Index Futures demonstrated a 0.14% dip, closing at 103.28.
