Stock Markets April 10, 2026 03:00 AM

Tokyo Stocks Climb as Nikkei Advances 1.90% to One-Month High

Real estate, banking and textiles help propel the Nikkei while select large-cap names post double-digit gains

By Priya Menon
Tokyo Stocks Climb as Nikkei Advances 1.90% to One-Month High

Japanese equities closed higher on Friday, led by strength in Real Estate, Banking and Textile sectors. The Nikkei 225 rose 1.90% to reach a one-month high. Several large-cap issues recorded substantial gains, with two names reaching all-time highs and one hitting a 52-week peak. Market breadth favored decliners, and volatility fell. Energy and precious metals prices moved in opposite directions while major currency pairs and the dollar index registered modest gains.

Key Points

  • Nikkei 225 closed up 1.90%, reaching a new one-month high.
  • Top gainers included Fast Retailing (TYO:9983) and Fujikura (TYO:5803), both reaching all-time highs; Lasertec (TYO:6920) hit a 52-week high.
  • Market breadth favored declining issues, with 2,410 stocks down versus 1,125 advancing; Nikkei volatility fell to 33.85.

Tokyo's stock market ended the trading week on a positive note, with gains concentrated in Real Estate, Banking and Textile sectors pushing the benchmark higher. At the close, the Nikkei 225 was up 1.90%, finishing at a level described as a new one-month high.


Among the top performers on the Nikkei 225, Fast Retailing Co., Ltd. (TYO:9983) posted the largest advance, jumping 11.99% - a rise of 8,090.00 points - to close at 75,540.00. Fujikura Ltd. (TYO:5803) also climbed strongly, gaining 11.97% or 602.00 points to end at 5,630.00. Lasertec Corp (TYO:6920) added 7.44%, an increase of 2,880.00 points, to finish at 41,580.00.

On the downside, BayCurrent Consulting Inc (TYO:6532) was the biggest decliner among the session's losers, falling 5.84% or 280.00 points to close at 4,516.00. Shift Inc (TYO:3697) dropped 5.59% or 37.20 points to finish at 628.00, while Mercari Inc (TYO:4385) slipped 4.87% or 185.00 points to end at 3,613.00.


Market breadth on the Tokyo Stock Exchange showed more falls than advances, with 2,410 stocks declining versus 1,125 that advanced. A total of 248 issues finished unchanged.

Notable milestones were recorded during the session: shares of Fast Retailing Co., Ltd. (TYO:9983) and Fujikura Ltd. (TYO:5803) rose to all-time highs, while Lasertec Corp (TYO:6920) reached 52-week highs.


Volatility and commodities movements were mixed. The Nikkei Volatility index, which measures implied volatility for Nikkei 225 options, fell 6.21% to 33.85.

In commodities trading, crude oil for May delivery rose 0.79% or 0.77 to trade at $98.64 a barrel. Brent oil for June delivery increased 1.02% or 0.98 to $96.90 a barrel. By contrast, the June Gold Futures contract declined 0.99% or 47.85 to trade at $4,770.15 a troy ounce.


Currency markets showed modest moves against the yen. USD/JPY was up 0.20% at 159.27, while EUR/JPY inched higher by 0.05% to 186.11. The US Dollar Index Futures rose 0.14% to 98.73.


Overall, the session combined sector-led strength and select large-cap rallies with a broader pattern of more decliners than advancers, while volatility eased and key commodity and currency benchmarks posted modest shifts.

Risks

  • Despite the benchmark's rise, the greater number of declining stocks indicates uneven participation - this may affect sectors with heavier representation among laggards such as smaller-cap technology or services.
  • Commodity price moves were mixed - rising crude and Brent could pressure energy-sensitive sectors, while a drop in gold futures may reflect shifting safe-haven demand.
  • Currency fluctuations, including a stronger USD/JPY and a modest rise in the US Dollar Index Futures, could influence exporters and importers differently across industrial and consumer goods sectors.

More from Stock Markets

Israeli Strikes on Hezbollah in Lebanon Threaten Ceasefire Prospects with Iran Apr 10, 2026 B&M stock dips after interim CFO change as board reshuffle announced Apr 10, 2026 Hartnett: 'Too Big to Fail' Equities Keep Short Sellers at Bay Until Policy Breaks Down Apr 10, 2026 Jakarta Stocks Climb as Financials, Infrastructure and Agriculture Lead Gains Apr 10, 2026 Airlines Raise Fares and Rework Forecasts as Jet Fuel Costs Surge Apr 10, 2026