Nikkei's Sudden Rise: These Stocks Will Shock You!
The Japanese stock market closed higher on Thursday, driven by strong gains in the Real Estate, Banking, and Textile sectors. The Nikkei 225 index rose 1.28%, with three stocks performing particularly well: Resonac Holdings, which surged 8.85% to a five-year high; Toppan Printing, which set an all-time record after rising 7.32%; and Denka Co. Ltd., which surged 6.10% to a 52-week high. Overall, there were far more gainers than decliners: 2,323 stocks rose, while 1,252 declined.
On the other hand, several healthcare stocks were under pressure. Eisai Co. fell 2.70%, followed by Shionogi & Co., which fell 2.52%, and Mitsubishi Materials, which declined 2.37%. Market volatility subsided, with the Nikkei Volatility Index falling 10.62% to 33.26. Among commodities, global oil prices weakened, and February gold futures fell 0.30% to $4,189.60 per troy ounce. Meanwhile, the US dollar also weakened slightly against the yen, with USD/JPY falling to 156.14, indicating that global markets remain cautious amidst the dynamics of the global economy. (az)
Source: Newsmaker.id
