Tokyo's stock market closed higher on Friday, with the Nikkei 225 ending the session up 0.52%.
Sector-level advances in Real Estate, Banking and Textile stocks contributed to the market's uptick. However, the balance of individual issues painted a mixed picture: the number of declining shares exceeded advancers by a substantial margin.
Top gainers on the Nikkei 225
- Fujikura Ltd. (TYO:5803) led the index, rising 15.69% - an increase of 700.00 points to close at 5,161.00.
- Furukawa Electric Co., Ltd. (TYO:5801) added 15.10%, gaining 7,000.00 points to finish at 53,360.00.
- Kioxia Holdings Corp (TYO:285A) climbed 12.07%, an advance of 11,700.00 points to 108,600.00 at the close.
Largest declines on the Nikkei 225
- Sumitomo Metal Mining Co., Ltd. (TYO:5713) declined 7.18% - a loss of 666.00 points to 8,607.00 at the close.
- Nomura Research Institute Ltd (TYO:4307) fell 6.38%, down 297.00 points to end the day at 4,358.00.
- Daiichi Sankyo Co., Ltd. (TYO:4568) slipped 6.08%, decreasing 164.50 points to 2,541.50.
Overall market breadth on the Tokyo Stock Exchange showed 2,144 stocks declined compared with 1,394 advancing; 223 issues finished unchanged.
Separately, shares of Kioxia Holdings Corp (TYO:285A) reached an all-time high in the session, closing up 12.07% at 108,600.00.
The Nikkei Volatility Index, which tracks implied volatility for Nikkei 225 options, rose 4.88% to 30.53.
Commodities and currency moves
- Crude oil for July delivery rose 1.17% - up $0.90 - to $77.50 a barrel.
- Brent oil for August delivery increased 0.08%, or $0.06, to $79.91 a barrel.
- The August gold futures contract fell 1.71%, a decline of $72.45, to trade at $4,173.45 per troy ounce.
- On currency markets, USD/JPY was down 0.07% at 161.25 while EUR/JPY fell 0.21% to 184.61.
- The US Dollar Index Futures was up 0.05% at 100.67.
This session combined strong single-stock rallies with a broader set of declines, while volatility and commodity prices moved modestly alongside small currency fluctuations.