Japan Stocks Decline at Market Close; Nikkei 225 Falls 4.82%

Japan’s stock market experienced a decline after the market closed on Monday, primarily driven by losses in various sectors.

At the end of trading in Tokyo, the index fell by 4.82%.

Among the session’s standout performers, Resona Holdings, Inc. saw an increase of 5.90%, rising by 55.60 points to close at 997.60. DeNA Co Ltd also performed well, with a 5.57% gain, adding 94.00 points to finish at 1,783.00. Mizuho Financial Group Inc experienced a rise of 4.19%, up by 118.00 points, closing at 2,936.00.

On the downside, the most significant losses were recorded by Isetan Mitsukoshi Holdings Ltd., which plummeted by 10.64%, or 265.00 points, closing at 2,226.00. Lasertec Corp followed closely behind, declining by 10.02%, with a drop of 2,630.00 points, ending at 23,605.00. Tokyo Electric Power Co., Inc. also saw a decrease of 9.22%, down by 64.70 points, closing at 636.90.

Overall, declining stocks outnumbered those that advanced on the Tokyo Stock Exchange, with 3,218 falling compared to 528 that rose, and 128 stocks remained unchanged.

DeNA Co Ltd achieved a 52-week high during the session, climbing 5.57% to 1,783.00.

In terms of market volatility, the implied volatility of Nikkei 225 options increased by 1.92%, reaching 26.51.

In commodity markets, crude oil for November delivery rose by 1.16%, or 0.79, settling at $68.97 a barrel. Brent oil for December delivery also increased, up 1.27% or 0.91, to reach $72.45 a barrel. Gold futures for December rose by 0.44%, or 11.65, trading at $2,679.75 per troy ounce.

In currency exchange, the USD/JPY fell by 0.31% to 141.75, while EUR/JPY decreased by 0.29% to 158.25. Additionally, the US Dollar Index Futures saw a minor decline of 0.02%, landing at 100.08.