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HomeLatestJapan Stocks Close Higher; Nikkei 225 Up 0.46%
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Japan Stocks Close Higher; Nikkei 225 Up 0.46%

In Tokyo, Japan stocks closed higher on Thursday, with gains across sectors such as Insurance, Real Estate, and Fishery driving the market.

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At the close of trading, the Nikkei 225 index rose by 0.46%.

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Leading the gains on the Nikkei 225 were Mitsubishi Materials Corp. (TYO:5711), which surged by 9.70% or 254.50 points to 2,878.50 by the close. Tokyo Electric Power Co., Inc. (TYO:9501) also saw significant gains, adding 6.76% or 54.10 points to reach 854.80, while Sumitomo Metal Mining Co., Ltd. (TYO:5713) climbed by 6.69% or 272.00 points to 4,335.00 in late trade.

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However, some stocks experienced declines, with Ebara Corp. (TYO:6361) leading the losses by falling 4.82% or 655.00 points to 12,935.00 at the close. Eisai Co., Ltd. (TYO:4523) also saw a decline of 3.70% or 240.00 points, ending at 6,248.00, while Advantest Corp. (TYO:6857) dropped by 2.35% or 157.00 points to 6,526.00.

Overall, rising stocks outnumbered declining ones on the Tokyo Stock Exchange, with 2538 stocks rising, 1124 falling, and 208 ending unchanged.

Mitsubishi Materials Corp. (TYO:5711) saw its shares reach three-year highs, surging by 9.70% to 2,878.50.

The Nikkei Volatility index, which measures the implied volatility of Nikkei 225 options, decreased by 2.00% to 21.52.

In commodity trading, crude oil for April delivery slightly declined by 0.03% to $79.70 a barrel. Meanwhile, Brent oil for May delivery rose by 0.04% to $84.06 a barrel, and April Gold Futures fell by 0.36% to $2,172.95 a troy ounce.

The USD/JPY pair rose by 0.12% to 147.91, while the EUR/JPY pair increased by 0.04% to 161.82.

The US Dollar Index Futures also rose by 0.11% to 102.51.

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