Title: Japan stocks higher at close of trade; Nikkei 225 up 0.14%
Mar 25, 2022 03:35AM ET
Japanese stocks rose after the close on Friday as gains in the shipbuilding, rail and bus, and mining sectors drove stocks higher.
At the close in Tokyo, the Nikkei 225 rose 0.14% to a new 1-month high.
Among the best performers on the Nikkei 225 were shares of Pacific Metals Co, Ltd, which rose 6.25% or 270.00 points to close at 4,590.00. Shionogi & Co. Ltd, rose 4.49% or 340.00 points to close at 7,904.00, and Daiichi Sankyo Co, Ltd, rose 3.67% or 95.50 points to 2,700.00 in late trading.
The worst performer was T & D Holdings, Inc. which fell 4.37% or 78.00 points to close at 1,707.00. Kyowa Hakko Kirin Co, Ltd fell 3.50% or 110.00 points to close at 3,030.00 and Nippon Sheet Glass Co, Ltd fell 2.70% or 12.00 points to close at 433.00.
On the Tokyo Stock Exchange, falling stocks outweighed rising ones by 1793 to 1776 and 247 closed unchanged.
Pacific Metals Co, Ltd shares rose to a 5-year high, gaining 6.25% or 270.00 to 4,590.00.
The Nikkei Volatility Index, which measures the implied volatility of Nikkei 225 options, fell 0.16% to 24.32, a new 1-month low.
The price of crude oil for delivery in May fell 0.18%, or $0.20, to $112.14 a barrel. In commodities trading, the price of Brent oil for delivery in May fell 0.14% or $0.17 to $118.86 a barrel, while April gold futures fell 0.39% or $7.60 to close at $1,954.60 a troy ounce.
The USD/JPY pair fell 0.41% to 121.82, while the EUR/JPY pair fell 0.13% to 134.32.
Futures on the US dollar index fell 0.21% to 98.60.