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Japan shares higher at close of trade; Nikkei 225 up 0.54%

Published 24/11/2023, 05:30 pm
© Reuters.  Japan shares higher at close of trade; Nikkei 225 up 0.54%

Investing.com – Japan equities were higher at the close on Friday, as gains in the Steel, Transportation Equipment and Services sectors propelled shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.54% to hit a new 3-month high.

The biggest gainers of the session on the Nikkei 225 were Mitsubishi Heavy Industries, Ltd. (TYO:7011), which rose 6.38% or 529.00 points to trade at 8,824.00 at the close. Dainippon Screen Mfg. Co., Ltd. (TYO:7735) added 4.45% or 440.00 points to end at 10,335.00 and Resonac Holdings Corp (TYO:4004) was up 4.38% or 117.00 points to 2,789.50 in late trade.

Biggest losers included Oji Holdings Corp. (TYO:3861), which lost 2.69% or 15.80 points to trade at 570.60 in late trade. Nippon Paper Industries Co., Ltd. (TYO:3863) declined 2.37% or 32.00 points to end at 1,321.00 and Daikin Industries, Ltd. (TYO:6367) shed 2.35% or 555.00 points to 23,095.00.

Advancing stocks outnumbered falling ones by 2195 to 1421 and 264 ended unchanged on the Tokyo Stock Exchange.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 3.82% to 17.87 a new 1-month low.

In commodities trading, Crude oil for January delivery was up 0.03% or 0.02 to $76.41 a barrel. Meanwhile, Brent oil for delivery in January fell 0.09% or 0.07 to hit $81.35 a barrel, while the December Gold Futures contract rose 0.02% or 0.35 to trade at $1,993.65 a troy ounce.

USD/JPY was down 0.19% to 149.27, while EUR/JPY fell 0.17% to 162.81.

The US Dollar Index Futures was down 0.03% at 103.63.

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