Japanese stocks ended Tuesday’s session in positive territory, with strong gains in the real estate, banking and textile sectors lifting the broader market. Investor sentiment improved into the close, pushing the benchmark higher.
At the end of trading in Tokyo, the Nikkei 225 index advanced 0.83%, reflecting broad-based buying interest across several key industries.
Top Performers on the Nikkei 225
Among the strongest gainers was Furukawa Electric Co., Ltd., which surged 15.32% to close at 26,910.00, marking a five-year high for the stock. Murata Manufacturing Co. climbed 10.07% to 4,045.00, reaching a three-year high. Fujikura Ltd. also posted a 10.00% gain, finishing at 25,190.00 and setting a new all-time high.
Decliners and Market Breadth
On the downside, Trend Micro Inc. fell 13.75% to 4,906.00, touching a five-year low. Sumitomo Dainippon Pharma dropped 9.47% to 2,241.00, while Fujitsu Ltd. declined 8.73% to close at 3,313.00.
Despite some notable losses, advancing stocks outpaced decliners on the Tokyo Stock Exchange, with 2,076 shares rising compared with 1,571 falling, while 184 stocks ended the session unchanged.
Volatility and Commodities Update
The Nikkei Volatility Index, which tracks implied volatility in Nikkei 225 options, declined 7.95% to 26.76, its lowest level in one month. The drop suggests easing short-term market uncertainty.
In commodities trading, crude oil for April delivery gained 0.69% to $66.77 per barrel. Brent oil for May delivery rose 0.68% to $71.59 per barrel. Meanwhile, gold futures for April slipped 0.63% to trade at $5,192.94 per troy ounce.
Currency Markets
In foreign exchange markets, the US dollar strengthened against the Japanese yen, with USD/JPY rising 0.22% to 154.98. The euro also edged higher versus the yen, as EUR/JPY added 0.17% to 182.57.
The US Dollar Index Futures increased 0.10% to 97.74, indicating modest support for the greenback.
