Investment Tips 16-01-2023 13:05 34 Views

Japan’s Stocks Are Down At The Close Of Business

Stocks

Japan’s Stocks Are Down At The Close Of Business

Japan’s stocks fell after the close on Friday, with losses in the textile, construction, and railway and bus sectors leading to a drop in the yen.

The Nikkei 225 fell 1.25% at the close in Tokyo.

Seven & I Holdings was the best performer on the Nikkei 225, rising 6.06% or 351.00 points to trade at 6,142.00 at the close. Concordia Financial Group gained 6.01% or 34.00 points to close at 600.00, while Shizuoka Financial Group gained 5.50%.

Fast Retailing was the worst session performer, falling 7.95% or 6,350.00 points to close at 73,490.00. Nippon Sheet Glass fell 4.96% or 32.00 points to 613.00. Meanwhile, Mazda Motor Corp fell 4.52% or 45.00 points to 950.00.

On the Tokyo Stock Exchange, declining stocks outnumbered advancing ones by a margin of 2261 to 1279, with 266 remaining unchanged.

Seven & I Holdings Co., Ltd. (TYO:3382) shares reached an all-time high, rising 6.06% or 351.00 to 6,142.00. Concordia Financial Group Ltd (TYO:7186) shares rose to three-year highs, gaining 6.01% or 34.00 to 600.00. Shizuoka Financial Group Inc (TYO:5831) shares rose to 3-year highs, rising 5.50% or 59.00 to 1,131.00.

The Nikkei Volatility Index, which measures implied volatility in Nikkei 225 options, rose 4.74% to 18.80. Crude oil for February delivery rose 0.05% or 0.04 cents to $78.43 per barrel. In other commodities trading, Brent oil for March delivery fell 0.06% or 0.05 to $83.98 per barrel, while the February Gold Futures contract rose 0.03% or 0.65 to $1,899.451 per troy ounce.

The USD/JPY fell 0.52% to 128.54, while the EUR/JPY fell 0.62% to 139.35.

Futures On The DXY Were Down 0.03% At 101.96

Hong Kong stocks ended another strong week, with traders cheering data showing US inflation slowing further in December, raising hopes that the Federal Reserve will ease back on its monetary tightening drive. The Hang Seng Index increased 1.04 percent to 21,738.66 points.

The Shanghai Composite Index rose 1.0122 percent, or 31.862 points, to 3,195.311. The Shenzhen Composite Index rose 0.90 percent, or 18.38 points, to 2,067.16 on China’s second exchange.

The post Japan’s Stocks Are Down At The Close Of Business appeared first on FinanceBrokerage.

Other news