Tokyo's stock market closed in positive territory on Tuesday, with the Nikkei 225 finishing the session up 0.88%.
Advances were led by strength in the Real Estate, Banking and Textile sectors, which collectively contributed to the market's upward move. Trading activity saw notable individual swings: Ibiden Co Ltd (TYO:4062) led the day, jumping 10.29% - an increase of 985.00 points - to close at 10,560.00. SoftBank Group Corp. (TYO:9984) also posted a strong gain, rising 8.53% or 407.00 points to end at 5,181.00, while Kioxia Holdings Corp (TYO:285A) climbed 7.31% or 2,230.00 points to finish at 32,740.00.
On the downside, several names posted significant losses. Shift Inc (TYO:3697) fell 6.33% or 45.70 points to close at 676.70. Archion Corp (TYO:543A) declined 4.16% or 16.00 points to 369.00, and M3 Inc (TYO:2413) slipped 4.10% or 65.00 points to end at 1,520.50.
Despite the Nikkei's gain, market breadth at the Tokyo Stock Exchange showed more decliners than advancers: 2,115 stocks fell versus 1,412 that advanced, and 252 issues finished unchanged.
Ibiden's share price moved to a record intraday level during the session, rising to all time highs on the noted percentage and point gain.
Volatility measures also shifted: the Nikkei Volatility index - which measures the implied volatility of Nikkei 225 options - climbed 15.81% to 32.89, indicating higher option-implied swings compared with the prior session.
Commodities and currency markets showed mixed returns at the close. Crude oil for June delivery fell 0.16% or 0.14 to $87.28 a barrel, while Brent oil for June delivery inched up 0.02% or 0.02 to $95.50 a barrel. The June Gold Futures contract eased 0.73% or 35.41 to trade at $4,793.39 a troy ounce.
In foreign exchange, USD/JPY rose 0.08% to 158.90 and EUR/JPY slipped 0.08% to 187.06. The US Dollar Index Futures was higher by 0.06% at 97.96 at the close.
Market close snapshot:
- Nikkei 225: +0.88%
- Top gainers: Ibiden Co Ltd (TYO:4062), SoftBank Group (TYO:9984), Kioxia Holdings (TYO:285A)
- Top losers: Shift Inc (TYO:3697), Archion Corp (TYO:543A), M3 Inc (TYO:2413)
- Nikkei Volatility: +15.81% to 32.89