Nikkei Sets New Record, Tokyo Again "Speeds Up"
Japanese stocks closed higher on Wednesday, led by the real estate, banking, and textile sectors. The Nikkei 225 index rose 1.61%, setting another record high at the close of trading in Tokyo. On the exchange, the number of advancing stocks also outnumbered declining ones, indicating a positive market sentiment.
The biggest gainers came from Taiyo Yuden, which surged 6.91% to 3,684, followed by Yaskawa Electric, which rose 6.60% to 5,246 (touching a 52-week high), and Shiseido, which rose 5.94% to 2,614.5. Meanwhile, the most depressed stocks were Dentsu, which plunged 11.29%, followed by Daiichi Sankyo, which fell 4.24%, and SoftBank Group, which fell 4.18%.
Globally, Nikkei volatility also increased, indicating market participants were becoming more cautious. In commodities, WTI fell to $60.71 and Brent fell to $65.03, while gold futures rose to $4,642.76 per troy ounce. In the currency market, USD/JPY held around 159.15, and the dollar index remained flat. (az)
Source: Newsmaker.id
