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Japan shares higher at close of trade; Nikkei 225 up 0.19%

Published 08-11-2024, 12:00 pm
Updated 08-11-2024, 12:05 pm
© Reuters.  Japan shares higher at close of trade; Nikkei 225 up 0.19%
USD/JPY
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JP225
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7012
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6976
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Investing.com – Japan equities were higher at the close on Friday, as gains in the Textile, Shipbuilding and Steel sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.19%.

The biggest gainers of the session on the Nikkei 225 were Japan Steel Works Ltd (TYO:5631), which rose 7.78% or 436.00 points to trade at 6,037.00 at the close. Ajinomoto Co., Inc. (TYO:2802) added 7.30% or 430.00 points to end at 6,321.00 and Kawasaki Heavy Industries, Ltd. (TYO:7012) was up 5.31% or 352.00 points to 6,977.00 in late trade.

Biggest losers included Taiyo Yuden Co., Ltd. (TYO:6976), which fell 15.93% or 443.00 points to trade at 2,337.50 in late trade. Kanadevia Corp (TYO:7004) declined 9.74% or 107.00 points to end at 991.00 and Ube Industries, Ltd. (TYO:4208) down 7.78% or 199.50 points to 2,364.00.

Falling stocks outnumbered advancing ones by 1960 to 1622 and 260 ended unchanged on the Tokyo Stock Exchange.

Shares in Japan Steel Works Ltd (TYO:5631) rose to 5-year highs; up 7.78% or 436.00 to 6,037.00. Shares in Ajinomoto Co., Inc. (TYO:2802) rose to all time highs; up 7.30% or 430.00 to 6,321.00. Shares in Kawasaki Heavy Industries, Ltd. (TYO:7012) rose to 5-year highs; gaining 5.31% or 352.00 to 6,977.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 19.19% to 27.52.

Crude oil for December delivery was down 0.82% or 0.59 to $71.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.69% or 0.52 to hit $75.11 a barrel, while the December Gold Futures contract fell 0.42% or 11.25 to trade at $2,694.55 a troy ounce.

USD/JPY was down 0.05% to 152.86, while EUR/JPY fell 0.33% to 164.72.

The US Dollar Index Futures was up 0.05% at 104.43.

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