Jul 13, 2022 03:35AM ET
By: AnalysisWatch
Japanese stocks rallied after the close of trading on Wednesday, with gains in the fishing, mining and textiles sectors leading shares higher.
At the close of the Tokyo market, the Nikkei 225 gained 0.54 percent.
The best performer during the session was the Nikkei 225 index, Toho Co., Ltd., which rose 6.14% or 305.00 points to close at 5,270.00 points. Meanwhile, Tokyo Electric Power Co., Inc. added 5.26% or 32.00 points to close at 640.00 and IHI Corp. rose 3.12% or 110.00 points to close at 3,635.00.
The worst performer during the session was Tokio Marine Holdings, Inc., which dropped 3.24% or 266.00 points to trade at 7,940.00 at the close.
Nippon Suisan Kaisha, Ltd. fell 2.00% or 12.00 points to close at 587.00 and Inpex Corp. declined 1.66% or 23.00 points to close at 1,366.00.
On the Tokyo Stock Exchange, appreciating stocks were more than depreciating ones with 2,189 to 1,228 and 334 ended unchanged.
The Nikkei Volatility Index, which measures the implied volatility of Nikkei 225 options, increased 2.12 percent to 23.12 points.
The price of crude oil for August delivery increased 1.04 percent, or $1.00, to $96.84 per barrel.
Elsewhere in commodities trading, Brent crude for September delivery rose 1.13%, or $1.12, to $100.61 a barrel, while the August gold futures contract fell 0.09%, or $1.50, to trade at $1,723.30 an ounce.
Among pairs, USD/JPY rose 0.19% to 137.12, while EUR/JPY fell 0.08% to 137.27.
Futures on the US dollar index increased 0.25 percent to 108.18.
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