Japan stocks higher at close of trade; Nikkei 225 up 1.22%
14 Apr 2022
NIKKEI 225 is trading up 1.22% at 27171.93
Japan stocks were higher after the close on Thursday, as gains in the Mining, Electrical/Machinery and Rubber sectors led shares higher.
At the close in Tokyo, the Nikkei 225 added 1.22%.
The best performers of the session on the Nikkei 225 were Tokyo Electric Power Co., Inc. (TYO:9501), which rose 9.66% or 42.00 points to trade at 477.00 at the close. Meanwhile, Toho Zinc Co., Ltd. (TYO:5707) added 6.77% or 192.00 points to end at 3,030.00 and Shionogi & Co., Ltd. (TYO:4507) was up 5.52% or 365.00 points to 6,976.00 in late trade.
The worst performers of the session were Recruit Holdings Co Ltd (TYO:6098), which fell 2.72% or 147.00 points to trade at 5,250.00 at the close. Olympus Corp. (TYO:7733) declined 2.04% or 50.00 points to end at 2,406.00 and Concordia Financial Group Ltd (TYO:7186) was down 1.08% or 5.00 points to 459.00.
Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2422 to 1128 and 210 ended unchanged.
Shares in Tokyo Electric Power Co., Inc. (TYO:9501) rose to 52-week highs; gaining 9.66% or 42.00 to 477.00.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 8.79% to 20.85.
On technical fronts NIKKEI 225 RSI stood at 35.96 and currently it is trading above 5 and 50 days MA & below 20 days MA. So, SELL position can be taken with following target and stoploss: