Japan Stock Price Down at the End of Trade With 0.34% Decline in Nikkei 225

On Thursday, Japanese equities closed lower, with declines in the Glass, Insurance, and Communication sectors driving shares down. At the close in Tokyo, the Nikkei 225 dropped by 0.34%.

Among the notable gainers on the Nikkei 225 were Kawasaki Heavy Industries, Ltd. (TYO:7012), which surged by 14.27% or 700.00 points to reach 5,607.00 at the close.

Yamaha Corp. (TYO:7951) climbed by 9.29% or 308.00 points, closing at 3,624.00, while IHI Corp. (TYO:7013) saw an increase of 8.20% or 312.00 points, ending the session at 4,119.00.

The major losers included Yamato Holdings Co., Ltd. (TYO:9064), which experienced a decline of 11.86% or 239.00 points, trading at 1,777.00 by the session’s close.

Taiyo Yuden Co., Ltd. (TYO:6976) fell by 8.84% or 322.00 points to conclude at 3,321.00, while Mitsubishi Heavy Industries, Ltd. (TYO:7011) dropped by 6.44% or 85.50 points, settling at 1,242.00.

Advancing stocks outnumbered declining ones on the Tokyo Stock Exchange, with 2070 advancing, 1538 declining, and 248 remaining unchanged.

The Nikkei Volatility, which gauges the implied volatility of Nikkei 225 options, rose by 8.07% to 20.75, reaching a new 1-month low.

In commodities trading, Crude oil for June delivery rose by 0.46% or 0.36 to $79.35 a barrel. Meanwhile, Brent oil for July delivery increased by 0.32% or 0.27, reaching $83.85 a barrel.

The June Gold Futures contract edged up by 0.04% or 0.90 to trade at $2,323.20 a troy ounce.

USD/JPY saw a 0.14% increase to 155.70, while EUR/JPY rose by 0.04% to 167.25. The US Dollar Index Futures were up by 0.06% at 105.49.

Nate O'Hara
Nathan is a seasoned commerce writer with a passion for unraveling the intricacies of the business world and distilling them into engaging narratives. During his academic journey, he delved deep into subjects like economics, marketing, and entrepreneurship, honing his analytical skills and developing a keen understanding of market dynamics.