Japan shares rise at the market closing

Japan shares rise at the market closing

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Japan Shares Gains in the Paper & Pulp, Railway & Bus, and Real Estate sectors sent shares higher at the closing of trading on Monday.

The Nikkei 225 gained 0.74 percent at the Tokyo closing.

Shimizu Corp., which surged 4.29 percent or 31.0 points to settle at 754.0 on the Nikkei 225, was the session’s largest gainer.

On the Tokyo Stock Exchange, declining equities outweighed rising ones by 2108 to 1455, and 236 remained constant.

The Nikkei Volatility Index, which gauges the implied volatility of Nikkei 225 options, remained at 21.90, unchanged from the previous day.

Crude oil for March delivery was up 0.64 percent or 0.53 to $83.83 a barrel in commodities trade.

Meanwhile, March Brent oil increased 0.56 percent or 0.48 to $86.54 per barrel, while the February Gold Futures contract rose 0.26 percent or 4.70 to $1821.20 per troy ounce.

The USD/JPY exchange rate increased by 0.24 percent to 114.47, while the EUR/JPY exchange rate increased by 0.34 percent to 130.79.

At 95.115, the US Dollar Index Futures were down 0.05 percent. 

According to persons familiar with the business, Credit Suisse Group AG Chairman António Horta-Osório is quitting the global bank following a board probe into his travel and personal conduct.

Horta-Osório resigned late Sunday, according to Credit Suisse CS, +0.38 percent, following a board-commissioned probe. According to the persons, the probe looked at his actions, including travel that violated COVID-related government guidelines and his personal usage of company planes. 

He was appointed to the Credit Suisse board of directors less than a year ago.

Investors digested the latest economic figures from China and what further moves the country will take to promote economic growth on Monday morning, with Asia Pacific stocks mainly up.

Following a drop in US Treasury yields at the conclusion of the previous week, bond yields in Australia and New Zealand rose.

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