Title: Japan stocks higher at close of trade; Nikkei 225 up 1.43%

Jun 27, 2022 03:35AM ET

By: AnalysisWatch

After the close of trading on Monday, Japanese stocks rose, with gains in the energy, transportation equipment, and precision instruments sectors driving shares higher.

The Nikkei 225 index rose 1.43 percent at the close of the Tokyo Stock Exchange.

The best performer during the session was the Nikkei 225 index, which rose 9.64% or 760.00 points and was trading at 8,640.00 points at the close.

At the close of trade, Tokyo Electric Power Co., Inc. was up 7.55% or 36.00 points to 513.00 and Otsuka Holdings Ltd. was up 5.38% or 245.00 points to 4,797.00.

The worst performer during the session was Sumitomo Osaka Cement Co. Ltd., which dropped 3.97% or 140.00 points to close at 3,385.00 points. KDDI Corp. declined 2.34% or 104.00 points to close at 4,338.00 and Keio Corp. fell 2.14% or 100.00 points to 4,575.00.

On the Tokyo Stock Exchange, appreciating shares outnumbered declining ones by 2,403 to 1,120, and 286 ended unchanged.

The Nikkei Volatility Index, which measures the implied volatility of Nikkei 225 options, dropped 5.64 percent to 23.08 points.

Crude oil for August delivery increased 0.54 percent, or $0.58 per barrel, to $108.20 per barrel.

Elsewhere in commodities trading, Brent crude for September delivery rose 0.62%, or $0.68, to $109.78 a barrel, and the August gold futures contract rose 0.53%, or $9.70, to $1,840.00 an ounce.

The AUD/JPY rate fell 0.10% to 135.04, while the EUR/JPY rate rose 0.16% to 142.89.

Futures on the US dollar index fell 0.32% to 103.63.