Latest Articles

HomeLatestJapan Stocks Decline as Nikkei 225 Drops 0.88%
Advertisements

Japan Stocks Decline as Nikkei 225 Drops 0.88%

Japan’s stock market closed lower on Wednesday, with significant declines in the Mining, Paper & Pulp, and Banking sectors driving the Nikkei 225 index down by 0.88%.

Advertisements

At the close of trading in Tokyo, the Nikkei 225 had fallen 0.88%.

Advertisements

Among the top performers on the Nikkei 225 were SoftBank Group Corp. (TYO:9984), which saw a notable increase of 4.63%, or 417.00 points, to finish at 9,420.00. Daiichi Sankyo Co., Ltd. (TYO:4568) also performed well, adding 2.61%, or 142.00 points, to close at 5,575.00. Similarly, Olympus Corp. (TYO:7733) rose 2.51%, or 63.00 points, to end the session at 2,575.00.

Advertisements

Conversely, Lasertec Corp. (TYO:6920) was the worst performer, plummeting 7.54%, or 2,900.00 points, to close at 35,560.00. MS&AD Insurance Group Holdings (TYO:8725) also declined significantly by 5.02%, or 166.00 points, ending at 3,142.00. Recruit Holdings Co Ltd (TYO:6098) dropped 4.81%, or 397.00 points, to settle at 7,857.00.

On the Tokyo Stock Exchange, the number of declining stocks outpaced advancing ones, with 2,641 stocks falling and 992 rising. Additionally, 236 stocks remained unchanged.

SoftBank Group Corp. (TYO:9984) achieved a three-year high, increasing by 4.63% to 9,420.00, while Olympus Corp. (TYO:7733) reached a 52-week high, rising 2.51% to 2,575.00.

The Nikkei Volatility Index, which measures the implied volatility of Nikkei 225 options, increased by 0.76% to 17.15.

In the commodities market, crude oil for July delivery fell by 0.11%, or $0.08, to $73.17 a barrel. Brent oil for August delivery dropped 0.06%, or $0.05, to $77.47 a barrel. Meanwhile, the August Gold Futures contract rose by 0.16%, or $3.70, to trade at $2,351.10 per troy ounce.

In currency trading, USD/JPY increased by 0.58% to 155.76, while EUR/JPY rose 0.51% to 169.38. The US Dollar Index Futures also saw an uptick, gaining 0.16% to reach 104.22.

Related topics:

Advertisements
Advertisements