Title: Japan stocks higher at close of trade; Nikkei 225 up 1.27%
May 20, 2022 03:35AM ET
Japan's stocks gained after the close Friday as gains in the shipbuilding, transportation equipment, and mining sectors drove shares higher.
At the close in Tokyo, the Nikkei 225 was up 1.27%.
Among the best performers on the Nikkei 225 were shares of Seiko Epson Corp., which rose 8.76%, or 171.00 points, to close at 2,123.00. 7.53% or 660.00 points to close at 9,430.00 points, while Japan Steel Works, Ltd. rose 7.50% or 230.00 points to 3,295.00 points in late trading.
Tokyo Gas Co. Ltd. was the worst performer, falling 2.75% or 73.00 points to close at 2,584.00 points in late trading. Tokyo Electric Power Co., Inc. fell 2.59% or 46.00 points to close at 1,731.00 and Tokyo Electric Power Co., Ltd. fell 2.57% or 13.00 points to 493.00.
On the Tokyo Stock Exchange, advancers outweighed decliners by 2469 to 1055, and 237 ended unchanged.
Shares of Kawasaki Kisen Kaisha, Ltd. rose to a 5-year high, up 7.53% or 660.00 to 9,430.00, while shares of Odakyu Electric Railway Co., Ltd. fell to a 5-year low, down 2.59% or 46.00 to 1,731.00.
Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, fell 4.51% to 23.10.
USD/JPY increased by 0.18% to 128.04, while EUR/JPY increased by 0.09% to 135.41.
USD index futures rose 0.20% to 102.95.