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Indonesia News Portal for Traders | Financial & Business Updates

8 January 2025 14:28  |

Japanese stocks down 0.27% at close

Japanese stocks fell after the close on Wednesday (1/8), as losses in the Electric Power, Transportation Equipment and Warehousing sectors led shares lower.

At the close in Tokyo, the Nikkei 225 was down 0.27%.

The best performers on the Nikkei 225 were Rakuten Inc (TYO:4755), which rose 5.73% or 49.90 points to trade at 920.10 at the close. Meanwhile, Mitsui Mining and Smelting Co. (TYO:5706) gained 4.29% or 199.00 points to close at 4,835.00 and Furukawa Electric Co., Ltd. (TYO:5801) gained 3.90% or 274.00 points to 7,302.00 in late trade.

The worst performers on the session were Tokio Marine Holdings, Inc. (TYO:8766), which fell 4.06% or 232.00 points to close at 5,481.00. Japan Exchange Group Inc. (TYO:8697) dropped 3.93% or 71.00 points to close at 1,735.00 and Omron Cor. (TYO:6645) plunged 3.90% or 200.00 points to 4,933.00.

Declining stocks outnumbered advancing ones on the Tokyo Stock Exchange, with 2,392 to 1,229, with 252 ending unchanged.

Furukawa Electric Co., Ltd. (TYO:5801) shares rose to a 5-year high; rose 3.90% or 274.00 to 7,302.00.

Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, fell 4.35% to 21.79.

Crude oil for February delivery rose 0.57% or 0.42 to settle at $74.67 a barrel. Elsewhere in commodities trading, Brent oil for March delivery rose 0.44% or 0.34 to settle at $77.39 a barrel, while the February Gold Futures contract rose 0.03% or 0.89 to trade at $2,666.29 a troy ounce.

USD/JPY fell 0.02% to 158.02, while EUR/JPY was unchanged 0.00% to settle at 163.45.

The U.S. Dollar Index Futures rose 0.10% to 108.49.

Source: Investing.com

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