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HomeLatestJapan Stocks Surge as Nikkei 225 Rises by 1.47%
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Japan Stocks Surge as Nikkei 225 Rises by 1.47%

Tokyo’s stock market witnessed a surge in trading activity on Tuesday, with gains across various sectors propelling the Nikkei 225 index to a notable increase by 1.47% at the close of trading.

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Leading the rally were sectors such as Power, Mining, and Insurance, driving the overall positive momentum in the market.

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Among the top performers on the Nikkei 225 index were Rakuten Inc (TYO:4755), which recorded an impressive 6.04% surge, followed by Nomura Holdings Inc (TYO:8604) and Fujikura Ltd. (TYO:5803), registering gains of 5.86% and 5.74%, respectively.

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However, not all stocks shared in the gains, with Sumitomo Dainippon Pharma Co Ltd (TYO:4506), Daiichi Sankyo Co., Ltd. (TYO:4568), and Sony Corp (TYO:6758) experiencing declines during the session.

Overall, rising stocks outnumbered declining ones on the Tokyo Stock Exchange, with 2552 stocks recording gains, 1089 stocks witnessing losses, and 239 remaining unchanged.

Fujikura Ltd. (TYO:5803) notably reached all-time highs during the session, marking a significant milestone for the company.

The Nikkei Volatility index, which measures the implied volatility of Nikkei 225 options, experienced a slight decrease of 3.63%, reflecting a relatively stable trading environment.

In commodities trading, both crude oil and gold futures experienced minor fluctuations, with crude oil for June delivery edging up slightly, while gold futures for June saw a slight decline.

In currency markets, the USD/JPY pair rose by 0.39%, while the EUR/JPY pair also recorded a modest increase of 0.27%.

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