Japanese stocks rise at close; Nikkei 225 up 1.42%
Japanese stocks rose after the close on Friday (6/27), as gains in the Real Estate, Banking and Textile sectors boosted shares.
At the close in Tokyo, the Nikkei 225 rose 1.42% to hit a fresh 3-month high.
The best performer on the Nikkei 225 was Sumitomo Metal Mining Co., Ltd. (TYO:5713), which rose 6.87% or 232.00 points to trade at 3,610.00 at the close. Meanwhile, Sumitomo Dainippon Pharma Co Ltd (TYO:4506) rose 6.62% or 61.00 points to close at 983.00 and Yokohama Rubber Co Ltd (TYO:5101) gained 6.42% or 235.00 points to close at 3,897.00.
The worst performers on the session were Nidec Corp (TYO:6594), which fell 3.78% or 109.00 points to close at 2,778.00. Olympus Corp. (TYO:7733) fell 2.23% or 37.00 points to close at 1,624.00 and Tokyo Tatemono Co., Ltd. (TYO:8804) dropped 1.85% or 47.50 points to close at 2,525.00.
Rising issues outnumbered falling issues on the Tokyo Stock Exchange by 2,179 to 1,426, with 250 ending unchanged.
Olympus Corp. (TYO:7733) shares fell to a 5-year low, down 2.23% or 37.00, to 1,624.00. Yokohama Rubber Co Ltd (TYO:5101) shares rose to a 52-week high, up 6.42% or 235.00, to 3,897.00.
Nikkei volatility, which measures the implied volatility of Nikkei 225 options, fell 0.73% to 23.12.
Crude oil for August delivery rose 0.86% or 0.56 to $65.80 a barrel. Elsewhere in commodities trading, Brent oil for September delivery rose 0.82% or 0.55 to $67.24 a barrel, while the August Gold Futures contract fell 1.33% or 44.50 to $3,303.50 a troy ounce.
USD/JPY fell 0.13% to 144.23, while EUR/JPY gained 0.08% to 169.04.
The U.S. Dollar Index Futures rose 0.03% to 96.79.(alg)
Source: Investing.com
