Title: Japan stocks higher at close of trade; Nikkei 225 up 0.70%
Mar 03, 2022 02:35AM ET
Japanese stocks rose after the close on Thursday on gains in the mining, chemicals, oil, plastics, and shipbuilding sectors.
The Nikkei 225 index rose 0.70% at the end of trading in Tokyo.
Pacific Metals Co. Ltd. was the best performer on the Nikkei 225 index, rising 6.52%, or 240.00 points, to close at 3,920.00 points. In late trading, Toho Zinc Co., Ltd. gained 6.47%, or 195.00 points, to close at 3,210.00 points, and Idemitsu Kosan Co., Ltd. rose 6.23%, or 200.00 points, to close at 3,410.00 points in late trading.
Dentsu Inc. was the worst performer, falling 4.03%, or 185.00 points, to close at 4,405.00 points in late trading. CyberAgent Inc. fell 2.52% or 37.00 points to close at 1,434.00 and Japan Steel Works Ltd. fell 1.58% or 60.00 points to close at 3,735.00.
On the Tokyo Stock Exchange, rising shares outnumbered falling shares by a ratio of 2,122 to 1,418, and 226 shares ended unchanged.
Shares of Pacific Metals Co., Ltd. rose to a three-year high, up 6.52%, or 240.00 points, to 3,920.00 points, while shares of Idemitsu Kosan Co., Ltd. rose 6.23%, or 200.00 points, to 3,410.00 points, hitting a 52-week high.
Nikkei Volatility, which measures the implied volatility of options on Nikkei 225 stocks, rose 6.93% to 27.32 points.
Oil for April delivery rose 4.46%, or $4.93, to $115.53 a barrel. Elsewhere in the commodities market, Brent crude for May delivery rose 4.75%, or $5.36, to $118.29 a barrel, while the April gold futures contract gained 0.38%, or $7.30, to $1,929.60 a troy ounce.
USD/JPY increased by 0.02% to 128.43, while EUR/JPY increased by 0.02% to 115.72.
Dollar index futures contracts were higher by 0.10% at 97.51.