Japan Stocks Rise at Close of Trade; Nikkei 225 Up 2.15%

Japan’s stock market saw gains following Thursday’s close, driven by strong performance in various sectors.

The Nikkei index closed up by 2.15% in Tokyo.

Leading the session’s gains were Mercari Inc., which increased by 6.51% or 166 points, closing at 2,717.50. Fujikura Ltd. followed closely with a rise of 6.36% or 264 points, ending at 4,418.00. Recruit Holdings Co., Ltd. also performed well, up 6.16% or 534 points, finishing at 9,208.00.

On the downside, Mitsubishi Electric Corporation experienced a decline of 2.27% or 52 points, closing at 2,238.00. Fujifilm Holdings Corporation fell by 0.74% or 28 points to finish at 3,766.00, while Kyowa Kirin Co., Ltd. dipped 0.68% or 22 points, settling at 3,230.00.

Overall, advancing stocks outnumbered declining ones on the Tokyo Stock Exchange by 2,899 to 720, with 240 remaining unchanged. Fujikura Ltd. reached an all-time high with its increase of 6.36%.

The volatility index, which reflects the implied volatility of Nikkei 225 options, decreased by 3.50%, settling at 27.81.

In commodities, crude oil for November delivery rose by 0.69% or 0.48, reaching $70.36 per barrel. Brent crude for the same month increased by 0.64% or 0.47, hitting $74.12 per barrel, while December gold futures inched up by 0.10% or 2.50, trading at $2,601.10 per ounce.

Currency movements showed the USD/JPY pair up by 0.32% to 142.73, and EUR/JPY rising 0.44% to 158.88. The US Dollar Index Futures was also on the rise, up 0.29% at 100.58.