Tokyo stock indices finished trading on the last day of fiscal 2022 higher, stock data shows on March 31.
Growth was supported by improving confidence among players as banking problems in the US and Europe eased, as well as rising stock markets in other Asian countries.
Japan’s Nikkei 225 core index closed up 258.55 points (0.93%) at 28,041.48. Thus, the index entered the 28K zone, from which it exited on March 10, and overcame the “curse of the last day of the month”, according to which the Nikkei tends to fall in the last trading session. Overall, for the March to March fiscal year, the underlying index was up 220.05 points.
The Topix Index rose 20.18 points or 1.02% today to reach 2,003.50. Topix, as we can see, also returned to the comfort zone of 2,000 points, in which it has not fallen since March 13.
In the prime section of the exchange, the growth leaders were ferrous metallurgy, wholesale trade and precision instrumentation stocks.
Growth leaders: Mitsui (+7.61%), Kobe Steel (+4.15%) and Toyo Seikan Group Holdings (+3.93%).
Autumn leaders: Kawasaki Kisen Kaisha (-7.91%), Mitsui OSK Lines (-4.34%) and Nippon Yusen KK (-4.07%).
The first place at the top of the most traded shares in Japan during the thirty-seventh day of trading is held by the shares of the country’s largest financial group, Mitsubishi UFJ Financial (78.74 million). Shares of Japanese auto giant Toyota Motor immediately returned to second place (37.15M). Behind them, in the third position, are the documents of another large car-building corporation – Nissan Motor (24.6 million). In the fourth line is the second day of the shares of Nippon Yusen KK (20.93M), which are today among the three leaders of the fall (-4.07%). Rounding out the top five of today’s commercial papers from Japan’s largest power company, Tokyo Electric Power Co (20.07M), returned to the top after a week’s absence.
The total volume of transactions in shares of the main companies stopped the growth of three days and amounted to 181.49M. Thus, the monthly average value of this indicator in March reached 208.17M. By way of comparison, the monthly average indicator for this parameter for February was 170.81M.
Source: Rossa Primavera
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