Tokyo equities closed lower on Tuesday, with sectoral weakness in Paper & Pulp, Transport and Communication driving losses across the board.
Market close - The Nikkei 225 ended the trading session down 1.05%.
Top performers
- Orix T (TYO:8591) led gains on the Nikkei 225, advancing 9.83% or 479.00 points to finish at 5,350.00.
- Shimizu Corp. (TYO:1803) added 9.42% or 274.50 points to close at 3,188.00.
- Kajima Corp. (TYO:1812) rose 9.15% or 545.00 points to end the session at 6,499.00.
Biggest decliners
- SoftBank Group Corp. (TYO:9984) was the largest loser, falling 9.86% or 576.00 points to close at 5,268.00.
- Nitto Denko Co (TYO:6988) declined 9.06% or 299.00 points to finish at 3,003.00.
- Renesas Electronics Corp (TYO:6723) dropped 6.75% or 211.00 points to end at 2,913.00.
Breadth and volatility - Advancers outnumbered decliners on the Tokyo Stock Exchange, with 2,488 stocks rising versus 1,076 falling, and 215 issues ending unchanged. The Nikkei Volatility index, which measures implied volatility for Nikkei 225 options, was unchanged at 29.55 (0.00%).
Commodities - In energy markets, crude oil for June delivery gained 2.03% or 1.96 to trade at $98.33 a barrel. Brent oil for July delivery climbed 1.91% or 1.94 to $103.63 a barrel. In metals, the June Gold Futures contract slipped 0.87% or 41.00 to $4,652.70 a troy ounce.
Foreign exchange and dollar strength - The USD/JPY rate moved down 0.06% to 159.32 while EUR/JPY fell 0.35% to 186.20. The US Dollar Index Futures was up 0.22% at 98.54.
Promotional note included in market copy - The report included a market product reference discussing AI-powered stock selection. It stated that a flagship strategy, Tech Titans, doubled the S&P 500 within 18 months and cited specific winners, naming Super Micro Computer (+185%) and AppLovin (+157%). The copy asked which stock will be the next to rise and invited readers to pick stocks with AI.
Overall, the session saw notable divergences between strong performances among select construction and infrastructure-related names and steep losses among large-cap technology and materials companies, resulting in a modestly lower close for the headline index.