Feb 19 2024: Japan’s stock market closed with losses on Monday, with the Precision Instruments, Communication, and Services s ectors dragging down shares.
At the close in Tokyo, the Nikkei 225 index decreased by 0.08%.
Among the top performers on the Nikkei 225 were Mitsui Engineering & Shipbuilding (TYO:7003), surging by 12.21% or 135.00 points to reach 1,241.00 at the close. Additionally, Aozora Bank, Ltd. (TYO:8304) rose by 5.64% or 114.00 points, closing at 2,136.00, while Obayashi Corp. (TYO:1802) saw a gain of 5.49% or 75.00 points, ending the session at 1,440.50.
On the other hand, the session’s worst performers included Recruit Holdings Co Ltd (TYO:6098), which fell by 3.25% or 202.00 points to trade at 6,008.00 at the close. Konica Minolta, Inc. (TYO:4902) also experienced a decline of 3.19% or 15.60 points, closing at 473.60, while Advantest Corp. (TYO:6857) dropped by 3.19% or 224.00 points to 6,796.00.
Rising stocks outnumbered declining ones on the Tokyo Stock Exchange, with 2928 stocks rising, 818 falling, and 141 remaining unchanged.
Mitsui Engineering & Shipbuilding (TYO:7003) reached a 3-year high, climbing by 12.21% or 135.00 to 1,241.00, while Obayashi Corp. (TYO:1802) reached a 5-year high, rising by 5.49% or 75.00 to 1,440.50.
The Nikkei Volatility index, which measures the implied volatility of Nikkei 225 options, increased by 10.32% to 21.60.
In commodities trading, Crude oil for April delivery declined by 0.73% or 0.57 to $77.89 per barrel. Brent oil for delivery in April also fell by 0.71% or 0.59 to reach $82.88 per barrel, while the April Gold Futures contract rose by 0.44% or 8.95 to trade at $2,033.05 per troy ounce.
USD/JPY fell by 0.13% to 150.01, while EUR/JPY rose by 0.02% to 161.74.
The US Dollar Index Futures decreased by 0.06% to 104.12.