November 8, 2024

Japan stocks higher at close of trade; Nikkei 225 up 0.19%

Investing.com – Japan stocks were higher after the close on Friday, as gains in the Textile, Shipbuilding and Steel sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 0.19%.

The best performers of the session on the Nikkei 225 were Japan Steel Works Ltd (TYO:5631), which rose 7.68% or 430.00 points to trade at 6,031.00 at the close. Meanwhile, Ajinomoto Co., Inc. (TYO:2802) added 7.35% or 433.00 points to end at 6,324.00 and Kawasaki Heavy Industries, Ltd. (TYO:7012) was up 5.25% or 348.00 points to 6,973.00 in late trade.

The worst performers of the session were Taiyo Yuden Co., Ltd. (TYO:6976), which fell 15.73% or 437.50 points to trade at 2,343.00 at the close. Kanadevia Corp (TYO:7004) declined 9.65% or 106.00 points to end at 992.00 and Ube Industries, Ltd. (TYO:4208) was down 7.76% or 199.00 points to 2,364.50.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1957 to 1616 and 268 ended unchanged.

Shares in Japan Steel Works Ltd (TYO:5631) rose to 5-year highs; rising 7.68% or 430.00 to 6,031.00. Shares in Taiyo Yuden Co., Ltd. (TYO:6976) fell to 5-year lows; losing 15.73% or 437.50 to 2,343.00. Shares in Ajinomoto Co., Inc. (TYO:2802) rose to all time highs; rising 7.35% or 433.00 to 6,324.00. Shares in Kawasaki Heavy Industries, Ltd. (TYO:7012) rose to 5-year highs; up 5.25% or 348.00 to 6,973.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 19.19% to 27.52.

Crude oil for December delivery was down 0.80% or 0.58 to $71.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.69% or 0.52 to hit $75.11 a barrel, while the December Gold Futures contract fell 0.42% or 11.40 to trade at $2,694.40 a troy ounce.

USD/JPY was down 0.04% to 152.87, while EUR/JPY fell 0.31% to 164.74.

The US Dollar Index Futures was up 0.05% at 104.43.

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