Tokyo, Japan – Japan’s stock market closed higher on Monday, with the Nikkei 225 index advancing by 0.81%. The upward momentum was largely attributed to gains in sectors such as Electrical/Machinery, Gas & Water, and Chemical, Petroleum & Plastic.
At the closing bell, the Nikkei 225 stood at 0.81% in the positive territory.
Among the notable performers on the Nikkei 225, Keyence (TYO:6861) emerged as a top gainer, surging by 7.79% or 5,030.00 points to settle at 69,670.00. Following closely, CyberAgent Inc (TYO:4751) recorded an increase of 5.38% or 52.50 points, closing the session at 1,026.50. Similarly, T&D Holdings, Inc. (TYO:8795) saw a rise of 5.35% or 129.50 points, reaching 2,545.00 by the end of trading.
Conversely, the session witnessed JTEKT Corp. (TYO:6473) as one of the notable decliners, sliding by 9.16% or 127.00 points, closing at 1,258.50. Shin-Etsu Chemical Co., Ltd. (TYO:4063) also experienced a downturn, dropping by 6.37% or 402.00 points, settling at 5,901.00. NTN Corp. (TYO:6472) marked a decrease of 2.88% or 9.10 points, closing at 305.70.
In terms of market breadth, falling stocks outnumbered advancing ones on the Tokyo Stock Exchange.
The Nikkei Volatility index, which gauges the implied volatility of Nikkei 225 options, witnessed a decline of 2.98% to 20.82.
On the commodities front, crude oil for June delivery dipped by 0.82% or 0.69 to $83.16 per barrel. Meanwhile, Brent oil for July delivery also saw a decrease of 0.80% or 0.71, reaching $87.50 per barrel. Additionally, the June Gold Futures contract experienced a decline of 0.23% or 5.45, settling at $2,341.75 per troy ounce.
In forex trading, USD/JPY was down by 0.70% to 157.22, while EUR/JPY fell by 0.26% to 168.55.
The US Dollar Index Futures showed a decline of 0.16%, closing at 105.64.