Feb 15 2024: Japan’s stock market saw gains at the end of Thursday’s trading session, driven by increases in the Retail, Chemical, Petroleum & Plastic, and Precision Instruments sectors.
At the close of trading in Tokyo, the Nikkei 225 index climbed by 1.22%, reaching a new 5-year peak.
Leading the session’s positive performers on the Nikkei 225 were Mitsui Engineering & Shipbuilding (TYO:7003), surging by 18.61% or 150.00 points to settle at 956.00 by the end of trading. Similarly, Ebara Corp. (TYO:6361) saw a significant increase of 15.97% or 1,502.00 points, closing at 10,910.00, while Rakuten Inc (TYO:4755) rose by 15.82% or 99.90 points to 731.20 in late trading.
On the flip side, the session’s underperformers included Toppan Printing Co., Ltd. (TYO:7911), which declined by 9.39% or 373.00 points, closing at 3,599.00, followed by Toho Zinc Co., Ltd. (TYO:5707) with a drop of 6.65% or 71.00 points, finishing at 997.00, and Sony Corp (TYO:6758) sliding by 6.48% or 950.00 points to 13,710.00.
Falling stocks outnumbered rising ones on the Tokyo Stock Exchange by a ratio of 2699 to 1026, with 159 remaining unchanged.
Mitsui Engineering & Shipbuilding (TYO:7003) saw its shares reach a 3-year high, climbing by 18.61% or 150.00 to 956.00. Meanwhile, Ebara Corp. (TYO:6361) reached a 5-year high, rising by 15.97% or 1,502.00 to 10,910.00. Conversely, shares in Toho Zinc Co., Ltd. (TYO:5707) fell to a 5-year low, dropping by 6.65% or 71.00 to 997.00. Additionally, Rakuten Inc (TYO:4755) reached a 52-week high, gaining 15.82% or 99.90 to 731.20.