Title: Japan stocks higher at close of trade; Nikkei 225 up 0.66%
Jun 28, 2022 03:35AM ET
Japanese stocks rallied after the close of trading on Tuesday, with gains in the machinery, transportation equipment, and electrical machinery sectors driving shares higher.
The Nikkei 225 index rose 0.66 percent at the close of the Tokyo Stock Exchange.
The best performer during the session was the Nikkei 225 index, Tokyo Electric Power Co., Inc., which rose 7.21% or 37.00 points and was trading at 550.00 points at the close. Meanwhile, Mitsubishi Motors Corp. added 5.82% or 26.00 points to close at 473.00 and Inpex Corp. rose 4.88% or 73.00 points to close at 1,569.00.
The worst performer during the session was Z Holdings Corp, which dropped 2.50% or 10.40 points to 406.40 points at the close of trade.
Recruit Holdings Co., Ltd. closed at 4,029.00 points, down 2.02% or 83.00 points.
On the Tokyo Stock Exchange, advancing shares outnumbered decliners by 2,615 to 942, while 216 ended unchanged.
Tokyo Electric Power Co., Inc. shares rose 7.21 percent, or 37.00 points, to a 52-week high of 550.00.
The Nikkei Volatility Index, which measures the implied volatility of Nikkei 225 options, fell 1.52% to 22.73.
Crude oil for August delivery increased 1.43 percent, or $1.57, to $111.14 per barrel. in commodities trading, Brent crude for September delivery rose 1.44 percent, or $1.60, to $112.58 a barrel, and the August gold futures contract rose 0.18 percent, or $3.35, to trade at $1,828.15 an ounce.
The US dollar to yen exchange rate rose 0.25% to 135.76 points and the euro to yen exchange rate rose 0.31% to 143.77 points.
Futures on the US dollar index fell 0.02% to 103.66.