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Japanese Stocks Soar as Nikkei 225 Hits Three-Month High: Sumitomo Dainippon Pharma Co Ltd Leads Gains

© Reuters. Japanese stocks rise; Nikkei 225 up 1.15% at close

Investing.com – Japan equities were higher at the close on Wednesday, as gains in the , and sectors propelled shares higher.

At the close in Tokyo, Japan, it rose 1.15%, hitting a new high in nearly three months.

The best performers of the session were Sumitomo Dainippon Pharma Co Ltd (TYO:), which rose 5.61% or 25.00 points to trade at 471.00 at the close. At the same time, Kawasaki Kisen Kaisha, Ltd. (TYO:) rose 5.31% (320.00 points) to end at 6,350.00; SoftBank Group Corp. (TYO:) rose 4.23% (258.00 points) to close at 6,357.00 in late trade.

The worst performers of the session were J.Front Retailing Co., Ltd. (TYO:), which fell 2.41% or 31.50 points to trade at 1,278.00 at the close. Nippon Paper Co., Ltd. (TYO:) fell 0.79% or 10.00 points to end at 1,254.00; Takashimaya Co., Ltd. (TYO:) fell 0.52% or 10.00 points to 1,920.50.

2,911 stocks rose on the Tokyo Stock Exchange, which outnumbered the number of stocks that closed lower – 795. At the same time, 190 stocks did not rise or fall, which was basically the same.

Implied volatility, a measure of Nikkei 225 options, rose 1.73% to 17.10.

The price of the February options contract on WTI crude oil futures fell 0.09% (0.07 points) to $75.50. For the rest of the futures, the price of London Brent crude oil futures contract for March delivery rose 0.11% (0.09 points) to quote $80.94, while the February gold futures contract rose 0.39% (8.15) to trade at $2,077.95.

USD/JPY rose 0.20% to 142.66; at the same time, EUR/JPY rose 0.20% to 157.56.

U.S. dollar index futures rose 0.01% to trade at 101.11.

2023-12-27 06:30:00
#Japanese #stocks #rise #Nikkei #close #Investing.com

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