Nikkei 225 Hits Record High, Up 0.53%!
Japanese stocks closed higher on Wednesday (April 22nd), with the Nikkei 225 index rising 0.53% to reach an all-time high. The gains were led by gains in the real estate, banking, and textile sectors, which boosted positive sentiment until the close in Tokyo.
At the stock level, SoftBank Group was the main mover, surging 8.47% to 5,620. Resonac Holdings rose 8.44% to 14,455, also hitting a record high, while Shift Inc. rallied 7.03% to 724.30.
On the other hand, pressure came from several large issuers. Sapporo Holdings fell 5.19% to 1,754.50, Nikon weakened 4.35% to 1,891.50, and Yokohama Rubber fell 3.83% to 6,556.00. Overall, the number of stocks declining outnumbering those rising on the Tokyo Stock Exchange, with 2,742 stocks declining, 815 advancing, and 224 unchanged.
Meanwhile, in terms of market risk, the Nikkei Volatility Index fell 8.88% to 29.97, indicating easing expectations for Nikkei 225 options volatility. This movement was in line with the index's rally, which persisted until the end of the session.
Meanwhile, global markets moved mixed: WTI oil fell 1.04% to US$88.74 per barrel, and Brent fell 0.77% to US$97.72. Conversely, gold futures rose 1.40% to US$4,785.76 per troy ounce. In the foreign exchange market, USD/JPY fell 0.14% to 159.13, and the US dollar index weakened 0.11% to 98.12. (asd)
Source: Newsmaker.id
