Tokyo equities finished the session higher on Friday, with sector-level strength in Real Estate, Banking and Textile stocks underpinning the advance.
At the close in Tokyo the Nikkei 225 rose 1.53%.
Top movers
- Rohm Ltd (TYO:6963) was the session's strongest performer on the Nikkei 225, climbing 14.18% or 739.00 points to finish at 5,950.00.
- SUMCO Corp. (TYO:3436) gained 11.30% or 517.00 points to close at 5,094.00.
- Kioxia Holdings Corp (TYO:285A) rose 9.23% or 7,040.00 points to end the day at 83,300.00.
Lagging names
- J.Front Retailing Co., Ltd. (TYO:3086) declined 3.91% or 129.00 points to close at 3,173.00.
- Otsuka Holdings Ltd (TYO:4578) fell 2.54% or 295.00 points to finish at 11,300.00.
- Resonac Holdings Corp (TYO:4004) decreased 2.23% or 400.00 points to 17,500.00 at the close.
Market breadth was tilted to the upside on the Tokyo Stock Exchange, with 2,692 advancing issues versus 847 decliners and 225 stocks unchanged.
Shares of Rohm Ltd (TYO:6963) reached three-year highs, closing up 14.18% to 5,950.00, while SUMCO Corp. (TYO:3436) rose to five-year highs, gaining 11.30% to 5,094.00.
The Nikkei Volatility index, which measures the implied volatility of Nikkei 225 options, fell 26.76% to 24.74, marking a new three-month low.
Commodities and currencies
In commodity markets, crude oil for August delivery traded up 0.35% or 0.24 to $68.93 a barrel. Brent crude for September delivery rose 0.50% or 0.36 to $72.16 a barrel. The August Gold Futures contract was higher by 1.50% or 61.90, trading at $4,187.60 a troy ounce.
On the currency front, USD/JPY was down 0.09% to 160.87 while EUR/JPY rose 0.04% to 184.24. The US Dollar Index Futures eased 0.15% to 100.47.
This session reflected a broad advance across multiple sectors, driven by outsized gains in several technology-related names and supportive breadth data, while volatility readings eased to levels not seen in three months.