Japan Stocks Higher at Close of Trade; Nikkei 225 Up 0.29%
Tokyo Stock Exchange Update
At the close of trading in Tokyo, the Nikkei 225 had risen by 0.29%. This means if you had invested in a mix of top 225 companies' stocks in Japan, your investment would have grown by 0.29%.
Top Performers of the Day
- Advantest Corp. saw an impressive rise of 3.73% (210 points) to close at 5,836.00.
- CyberAgent Inc. increased by 3.05% (29.20 points) to end at 985.30.
- GS Yuasa Corp. gained 2.99% (98 points) to reach 3,375.00.
Worst Performers of the Day
- Sapporo Holdings Ltd. fell by 3.05% (173 points) to trade at 5,501.00.
- Kawasaki Heavy Industries, Ltd. declined 2.85% (162 points) to finish at 5,531.00.
- Keisei Electric Railway Co., Ltd. was down 2.77% (147 points) to 5,165.00.
Market Dynamics
In the session, more stocks fell than rose on the Tokyo Stock Exchange. Specifically, 1808 stocks went down while 1753 stocks went up. Additionally, 302 stocks remained unchanged.
Special Mention
- GS Yuasa Corp. reached a 3-year high of 3,375.00, up by 2.99% (98 points).
Volatility Index
- The index that measures the implied volatility of Nikkei 225 options dropped by 6.76% to 17.11.
Commodities Update
- Crude oil for August delivery decreased by 0.10% (0.08 points) to trade at $80.56 per barrel.
- In contrast, Brent oil for August delivery slightly rose by 0.08% (0.07 points) to $85.14 per barrel.
- The August Gold Futures contract saw an increase of 0.64% (15.10 points), trading at $2,357.80 per troy ounce.
Currency Exchange Rates
- USD/JPY went up by 0.06% to 158.18.
- EUR/JPY fell by 0.05% to 169.79.
- The US Dollar Index Futures rose by 0.09%, standing at 104.97.
Conclusion
The Nikkei 225 closed the day on a positive note with a modest increase, driven by strong performances from companies like Advantest Corp., CyberAgent Inc., and GS Yuasa Corp. However, some companies like Sapporo Holdings Ltd. and Kawasaki Heavy Industries saw declines. The commodities and currency markets also experienced mixed movements, making it an interesting day for investors.
