Title: Japan stocks higher at close of trade; Nikkei 225 up 2.64%

May 13, 2022 03:35AM ET

By: AnalysisWatch

Japanese stocks rose after the close on Friday, led by gains in shipbuilding, chemicals, oil and plastics and the energy sector.

At the close in Tokyo, the Nikkei 225 was up 2.64%.

Leading the Nikkei 225 this session was JGC (Tokyo: 1963), up 20.48% (300.00 points) to close at 1,765.00. Meanwhile, Fujikura was up 16.78% (100.00 points) at 696.00 and Citizen Holdings (TYO: 7762) was up 15.07% (74.00 points) at 565.00 at the close.

The worst performer of the session was Casio Computer Co Ltd (TYO:6952). Secom Co Ltd (TYO: 9735) fell 11.21% (1,046.00 points) to 8,286.00 and Konica Minolta Co Ltd (TYO: 4902) dropped 8.87% (43.00 points) to close at 442.00.

On the TSE, advancing shares outnumbered declining shares by 2892 to 737, while 144 shares closed flat.

JGC Corporation (TSE: 1963) shares rose to a 52-week high, rising 20.48% (300.00) to 1,765.00. Casio Computer (TYO: 6952) share price hit a five-year low, down 13.85% (186.00) to 1,157.00. The share price of CITIZEN HOLDINGS CO. (TYO:7762) rose to a 52-week high, up 15.07% (74.00) to 565.00, while shares of Konica Minolta (TYO:4902) fell to a 52-week low, down 8.87% (43.00) to 442.00.

Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, rose 3.18% to 29.50.

Crude oil for June delivery was 0.99% (1.05) higher at $107.18 a barrel. In other commodity trading, the July contract of Brent crude oil gained 1.27% (1.36) to $108.81 a barrel and the June contract of gold futures gained 0.15% (2.75) to $1827.35 a troy ounce.

USD/JPY rose 0.34% to 128.76 and EUR/JPY gained 0.62% to 134.01.

Dollar index futures were 0.30% lower at 104.58.