Tokyo equities ended the trading day in positive territory on Tuesday, anchored by strength in the Real Estate, Banking and Textile sectors. The Nikkei 225 closed up 0.77%.
Top movers at the close
The leading performers on the Nikkei 225 included Resonac Holdings Corp (TYO:4004), which climbed 6.95% - up 557.00 points to finish at 8,576.00. Advantest Corp. (TYO:6857) advanced 5.85%, adding 1,380.00 points to settle at 24,955.00. Nissui Corp (TYO:1332) rose 4.45%, or 55.50 points, to close at 1,303.50.
On the downside, Tokyo Electric Power Co., Inc. (TYO:9501) fell 7.92%, a decline of 52.40 points to 609.60 at the close. Japan Steel Works Ltd (TYO:5631) dropped 3.49%, down 311.00 points to end at 8,601.00, and Suzuki Motor Corp. (TYO:7269) gave up 3.48%, or 76.00 points, finishing at 2,106.50.
Market breadth and record levels
Decliners outnumbered advancers on the Tokyo Stock Exchange, with 1,934 stocks falling versus 1,617 rising; 263 issues finished unchanged. Resonac's share price moved to a five-year high with its 6.95% gain. Both Advantest and Nissui reached all-time highs during the session, as reflected by their respective closing levels.
Volatility and derivatives
The Nikkei Volatility index, which tracks implied volatility on Nikkei 225 options, increased 9.19% to 34.57, registering a new one-month high in the process.
Commodities and FX
In commodities, crude oil for March delivery declined 0.16% - down $0.10 - to trade at $60.53 a barrel. Brent oil for April delivery fell 0.28%, or $0.18, to $64.59 a barrel. April Gold Futures ticked up marginally by 0.00% - an increase of $0.14 - to trade at $5,122.44 a troy ounce.
On the currency front, USD/JPY rose 0.21% to 154.48 and EUR/JPY increased 0.16% to 183.42. The US Dollar Index Futures was higher by 0.09% at 96.94.
Market participants noted a mix of concentrated stock-level strength and broader market caution, reflected in the divergence between standout performers and the overall breadth of decliners, while implied volatility moved higher into the close.