December 23, 2024

Oil And Gold News

Oil And Gold Forecast, News and Analysis

Japan stocks higher at close of trade; Nikkei 225 up 2.16%

Oil And Gold Forecast, News and Analysis:

Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Glass, Transportation Equipment and Banking sectors led shares higher.

At the close in Tokyo, the Nikkei 225 gained 2.16%.

The best performers of the session on the Nikkei 225 were IHI Corp. (TYO:7013), which rose 18.70% or 1,455.00 points to trade at 9,235.00 at the close. Meanwhile, Mitsubishi Heavy Industries, Ltd. (TYO:7011) added 9.42% or 194.00 points to end at 2,254.00 and Japan Steel Works Ltd (TYO:5631) was up 7.94% or 405.00 points to 5,508.00 in late trade.

The worst performers of the session were Mercari Inc (TYO:4385), which fell 16.05% or 348.50 points to trade at 1,823.00 at the close. Honda Motor Co Ltd (TYO:7267) declined 5.84% or 88.50 points to end at 1,427.50 and Panasonic Corp (TYO:6752) was down 4.98% or 71.00 points to 1,355.00.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2343 to 1270 and 242 ended unchanged.

Shares in IHI Corp. (TYO:7013) rose to 5-year highs; gaining 18.70% or 1,455.00 to 9,235.00.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.09% to 26.03.

Crude oil for December delivery was down 1.99% or 1.43 to $70.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 2.00% or 1.51 to hit $74.02 a barrel, while the December Gold Futures contract fell 1.15% or 31.75 to trade at $2,717.95 a troy ounce.

USD/JPY was up 1.67% to 154.13, while EUR/JPY fell 0.34% to 165.16.

The US Dollar Index Futures was up 1.74% at 105.12.

Source: https://www.investing.com/