Shares in Tokyo finished higher on Thursday, with the Nikkei 225 closing up 0.12% as gains clustered in the Real Estate, Banking and Textile sectors.
Top performers and laggards
Leading the index, Sumitomo Metal Mining Co., Ltd. (TYO:5713) jumped 9.45% - an increase of 851.00 points - to finish at 9,855.00, a move that sent the stock to a new all-time high. Hino Motors, Ltd. (TYO:7205) rose 7.77% or 30.00 points to close at 416.00, while Advantest Corp. (TYO:6857) climbed 5.17% - up 1,320.00 points - to 26,860.00, also marking an all-time high for the company.
On the downside, Tokyo Electron Ltd. (TYO:8035) fell 5.64% or 2,470.00 points, ending the session at 41,330.00. SMC Corp (TYO:6273) declined 4.68% or 2,950.00 points to 60,130.00, and Sapporo Holdings Ltd. (TYO:2501) dropped 4.65% or 77.50 points to 1,590.50.
Breadth and volatility
Decliners outpaced advancers on the Tokyo Stock Exchange, with 2,023 issues falling versus 1,582 rising; 208 stocks finished unchanged. The Nikkei Volatility index, which measures implied volatility on Nikkei 225 options, ticked up 0.56% to 34.33, signaling a modest rise in expected near-term swings.
Commodities and currency moves
Energy and precious metals also moved during the session. Crude oil for March delivery rose 1.77% - up $1.12 - to $64.33 a barrel, while Brent oil for April delivery increased 1.59% or $1.07 to $68.44 a barrel. The April Gold Futures contract advanced 4.83% - up 258.05 - to trade at $5,598.25 a troy ounce.
In currency markets, USD/JPY declined 0.25% to 153.04 and EUR/JPY climbed 0.09% to 183.55. The US Dollar Index Futures was down 0.42% at 95.87.
Session context
Thursday's session combined pockets of strong single-stock rallies, including two records, with meaningful declines among several large-cap names. Market breadth favored decliners, while commodity and currency movements accompanied the equity trading day.