Feb 9, 2024: Japanese stocks closed higher on Friday, with the Nikkei 225 reaching a new 5-year high, driven by gains in the Communication, Financial Services, and Electrical/Machinery sectors.
At the close in Tokyo, the Nikkei 225 rose by 0.18%.
Among the top performers on the Nikkei 225 were Fujikura Ltd. (TYO:5803), soaring by 23.85%, Nisshinbo Holdings Inc. (TYO:3105), climbing by 9.24%, and SoftBank Group Corp. (TYO:9984), advancing by 8.72%.
However, some stocks experienced declines, including Nissan Motor Co., Ltd. (TYO:7201), which fell by 11.56%, Nikon Corp. (TYO:7731), dropping by 7.24%, and Teijin Ltd. (TYO:3401), down by 7.22%.
On the Tokyo Stock Exchange, falling stocks outnumbered advancing ones, with 2355 declining, 1314 advancing, and 213 remaining unchanged.
Fujikura Ltd. (TYO:5803) and Nisshinbo Holdings Inc. (TYO:3105) reached 5-year highs, while SoftBank Group Corp. (TYO:9984) hit a 52-week high. Conversely, Teijin Ltd. (TYO:3401) fell to a 52-week low.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, rose by 2.11%.
In commodities trading, crude oil for March delivery edged down, while Brent oil for April delivery also declined. Gold futures for April remained steady.
USD/JPY was slightly up at 149.40, while EUR/JPY fell marginally to 160.92.
The US Dollar Index Futures edged up by 0.03%.