Japan stocks experienced a rise after Tuesday’s close, driven by gains in the Railway & Bus, Transportation Equipment, and Fishery sectors. The Nikkei 225 index increased by 0.12%. Among the top performers, Nippon Yusen K.K. surged by 8.16% to close at 4,825.00 points, Yokohama Rubber Co Ltd rose by 7.90% to end at 3,539.00 points, and Kawasaki Kisen Kaisha, Ltd. gained 6.44%, finishing at 2,395.50 points.
Conversely, the session’s worst performers included TOTO Ltd., which dropped by 3.09% to trade at 4,071.00 points. Olympus Corp. declined by 2.51%, ending at 2,588.00 points, and Yaskawa Electric Corp. fell by 2.21% to 5,271.00 points.
The Tokyo Stock Exchange saw more rising stocks than declining ones, with 2343 advancing compared to 1210 falling, and 313 stocks remaining unchanged. The Nikkei Volatility index, reflecting the implied volatility of Nikkei 225 options, increased by 5.48% to 20.60, marking a new one-month high.
In the commodities market, crude oil for September delivery slightly decreased by 0.01% to $78.39 per barrel. Brent oil for September delivery edged up by 0.07% to $82.46 per barrel, while the August Gold Futures contract fell by 0.21% to $2,389.70 per troy ounce.
In currency trading, USD/JPY dropped by 0.32% to 156.49, and EUR/JPY decreased by 0.44% to 170.27. The US Dollar Index Futures saw a slight increase of 0.03%, reaching 104.07.
Fidelity Japan Trust PLC (LON:FJV) aims to be the key investment of choice for those seeking Japanese companies exposure. The Trust has a ‘growth at reasonable price’ (GARP) investment style and approach – which involves identifying companies whose growth prospects are being under-appreciated or are not fully recognised by other investors.
