Title: Japan stocks higher at close of trade; Nikkei 225 up 1.22%
Apr 14, 2022 03:35AM ET
Japanese stocks gained after the close on Thursday as gains in the mining, electrical/mechanical, and rubber sectors drove shares higher.
At the close in Tokyo, the Nikkei 225 was up 1.22%.
Shares of Tokyo Electric Power Co. were the best performers on the Nikkei 225, rising 9.66%, or 42.00 points, to close at 477.00. Meanwhile, Toho Zinc Co., Ltd. gained 6.77%, or 192.00 points, to end at 3,030.00, and Shionogi & Co., Ltd. rose 5.52%, or 365.00 points, to 6,976.00 in late trading.
Recruit Holdings Co Ltd. was the worst performer, falling 2.72% or 147.00 points to close at 5,250.00 in late trading. Concordia Financial Group Ltd fell 1.08% or 5.00 points to close at 459.00, while Olympus Corp fell 2.04% or 50.00 points to close at 2,406.00.
On the Tokyo Stock Exchange, advancers outweighed decliners with a ratio of 2422 to 1128, and 210 stocks closed unchanged.
Shares of Tokyo Electric Power Co., Inc. rose to a 52-week high, gaining 9.66%, or 42.00, to 477.00.
The Nikkei Volatility Index, which measures the implied volatility of Nikkei 225 options, fell 8.79% to 20.85.
The price of crude oil for delivery in May fell 1.06%, or 1.11, to $103.14 a barrel. Elsewhere in commodity trading, Brent crude for June delivery fell 0.86%, or 0.94, to $107.84 a barrel, while June gold futures fell 0.52%, or 10.40, to $1,974.30 a troy ounce.
The USD/JPY fell 0.40% to 125.15, while the EUR/JPY fell 0.20% to 136.51.
The US dollar index futures were 0.25% lower at 99.67.