Nikkei Rises 0.61% as Risk Sentiment Improves
Japanese stocks closed higher on Wednesday (April 15), with the Nikkei 225 up 0.61%. The gains were led by the real estate, banking, and textile sectors, signaling improved risk appetite after the previous volatile market.At the stock level, the biggest gainers came from BayCurrent Consulting, which surged 14.32% to 5,587, followed by Taiyo Yuden, which rose 10.76% to 5,847, hitting a three-year high, and Sumitomo Dainippon Pharma, which rose 7.71% to 2,192. Meanwhile, notable declines were seen in Kioxia Holdings, which fell 7.40% to 32,410, Japan Steel Works, which fell 6.98% to 9,047, and Mitsui Mining and Smelting, which fell 6.72% to 35,690.
In terms of market breadth, rising stocks outnumbered falling ones on the Tokyo Stock Exchange, with 2,081 stocks advancing, 1,449 declining, and 255 unchanged. The reduced risk was also reflected in the Nikkei Volatility Index, which fell 8.46% to 29.32, giving the index room to remain in positive territory.
In global markets, commodities traded slightly lower: WTI May futures fell 0.37% to US$90.94/barrel, while Brent June futures fell 0.05% to US$94.74/barrel. June gold futures also fell 0.30% to US$4,835.55 per troy ounce, reflecting easing demand for hedging assets during the session.
In foreign exchange, USD/JPY rose 0.16% to 159.03 and EUR/JPY gained 0.05% to 187.40, while US Dollar Index Futures edged up 0.08% to 97.98. The yen's slight weakening, coupled with reduced volatility, could be supporting stock sentiment, while investors continue to monitor the direction of energy commodities and dollar movements as key indicators of risk appetite. (asd)
Source: Newsmaker.id
