Japan stocks higher at close of trade; Nikkei 225 up 1.58%

  • January 22, 2025

Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Precision Instruments , Manufacturing and Textile sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 1.58%.

The best performers of the session on the Nikkei 225 were Fujikura Ltd. (TYO: 5803 ), which rose 14.82% or 896.00 points to trade at 6,943.00 at the close. Meanwhile, Furukawa Electric Co., Ltd. (TYO: 5801 ) added 12.54% or 882.00 points to end at 7,915.00 and SoftBank Group Corp. (TYO: 9984 ) was up 10.62% or 982.00 points to 10,230.00 in late trade.

The worst performers of the session were Eneos Holdings Inc (TYO: 5020 ), which fell 2.89% or 23.30 points to trade at 783.90 at the close. Dai-ichi Life Holdings Inc (TYO: 8750 ) declined 2.23% or 93.00 points to end at 4,069.00 and Inpex Corp. (TYO: 1605 ) was down 2.15% or 41.00 points to 1,870.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2273 to 1281 and 313 ended unchanged.

Shares in Fujikura Ltd. (TYO: 5803 ) rose to all time highs; gaining 14.82% or 896.00 to 6,943.00. Shares in Furukawa Electric Co., Ltd. (TYO: 5801 ) rose to 5-year highs; rising 12.54% or 882.00 to 7,915.00.

The Nikkei Volatility , which measures the implied volatility of Nikkei 225 options, was down 3.58% to 21.81.

Crude oil for March delivery was down 0.54% or 0.41 to $75.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.38% or 0.30 to hit $78.99 a barrel, while the February Gold Futures contract rose 0.12% or 3.41 to trade at $2,762.61 a troy ounce.

USD/JPY was up 0.26% to 155.89, while EUR/JPY rose 0.01% to 162.18.

The US Dollar Index Futures was up 0.13% at 108.00.