Japanese stocks concluded the trading session with gains on Friday, led by the Precision Instruments, Electrical/Machinery, and Machinery sectors. The Nikkei 225 index rose by 0.77%, reaching a new five-year high.
Among the top performers on the Nikkei 225 were Ricoh Co., Ltd., which increased by 7.69% to close at 1,134.00, and Yaskawa Electric Corp., which gained 5.38% to end at 5,880.00. On the other hand, Advantest Corp. and Kobe Steel, Ltd. were among the session’s worst performers, with declines of 2.86% and 2.84%, respectively.
The Tokyo Stock Exchange saw more falling stocks than advancing ones, with 1789 declining, 1786 advancing, and 271 ending unchanged.
Yaskawa Electric Corp. reached a 52-week high during the session, with a gain of 5.38% to 5,880.00.
In commodities trading, crude oil prices increased, with June delivery up by 0.97% to $72.56 a barrel. Brent oil for July delivery rose by 1.03% to $76.64 a barrel. Meanwhile, June Gold Futures contracts showed a 0.39% rise to $1,967.35 a troy ounce.
The currency market saw a decline in USD/JPY by 0.37% to 138.19, and EUR/JPY fell 0.31% to 148.94. The US Dollar Index Futures decreased by 0.15% to 103.30.