The Tokyo stock exchange experienced gains with Mitsui Engineering & Shipbuilding , NTT Data Corp. and Isetan Mitsukoshi Holdings Ltd. emerging as the top performers. The trading session wasn’t as favourable for Kawasaki Kisen Kaisha, Ltd. , Nippon Yusen K.K , and Mitsui O.S.K. Lines, Ltd. with noteworthy declines. Meanwhile, the commodities market saw a decrease in crude oil and Brent oil prices with an increase in gold futures.
Performance of Stocks on Tokyo Exchange
Japanese stocks closed positively on Monday, illustrating advancements in the , and sectors. This, in turn, drove the rise of shares. In Tokyo, the surged 0.37% at close.
Top and Bottom Performers
The standout stocks of this session on the were Mitsui Engineering & Shipbuilding , which experienced a significant 10.19% surge. On the other hand, NTT Data Corp. and Isetan Mitsukoshi Holdings Ltd. also made notable progress. On the flip side, Kawasaki Kisen Kaisha, Ltd. , Nippon Yusen K.K , and Mitsui O.S.K. Lines, Ltd. did not fare as well, recording declines.
Stock Exchange Data
On the Tokyo Stock Exchange, the session closed with a greater number of falling stocks compared to rising ones – the numbers standing at 2378 and 1331 respectively, while 196 remained static.
Commodities and Currency Movements
In the commodities market, Crude oil for February delivery decreased, along with a minor drop in Brent oil for March delivery. In stark contrast, the February Gold Futures contract revealed an upswing. As for currency trades, the USD/JPY pair held steady while the EUR/JPY fell slightly. Finally, the US Dollar Index Futures experienced a slight decrease.
This session’s performance on the Tokyo Exchange directly impacts stock trading, indicative of potential shifts in the Forex market, affecting currency pairs like USD/JPY and EUR/JPY, and determining the price of assets such as crude oil and gold futures.