Japanese Stocks Rise, Nikkei 225 Rises 0.52%
Japanese stocks closed higher on Friday (June 19th). The Nikkei 225 index rose 0.52% in Tokyo, driven by gains in the property, banking, and textile sectors. This increase indicates that investor interest in a number of domestic sectors remains strong, although overall market movements have not been entirely consistent.
Fujikura Ltd. shares were the main mover, surging 15.69%, or 700 points, to 5,161. Furukawa Electric Co., Ltd. also rose sharply, rising 15.10% to 53,360, while Kioxia Holdings Corp. rose 12.07% to 108,600, hitting an all-time high. The gains in these stocks helped support the performance of Japan's main index at the close of trading.
However, not all stocks performed positively. Sumitomo Metal Mining Co., Ltd. became one of the main pressures after falling 7.18% to 8,607. Nomura Research Institute Ltd. weakened 6.38% to 4,358, while Daiichi Sankyo Co., Ltd. fell 6.08% to 2,541.50. On the Tokyo Stock Exchange, the number of declining stocks reached 2,144, outnumbering the 1,394 advancing stocks, while 223 stocks remained unchanged.
In the commodity market, crude oil for July delivery rose 1.17% to US$77.50 per barrel, while Brent for August delivery edged up 0.08% to US$79.91 per barrel. Conversely, the August gold futures contract fell 1.71% to US$4,173.45 per troy ounce. In the foreign exchange market, USD/JPY fell slightly by 0.07% to 161.25, EUR/JPY weakened by 0.21% to 184.61, while US Dollar Index futures rose by 0.05% to 100.67. (asd)
Source: Newsmaker.id
