Nikkei Close 0.47% Higher On Friday – Outlook Positive
Mar, 09th 10:46
Japan stocks were higher after the close on Friday, as gains in the Paper & Pulp, Warehousing and Non-Metal Minerals sectors led shares higher.
At the close in Tokyo, the Nikkei 225 added 0.47%.
The best performers of the session on the Nikkei 225 were Sekisui House, Ltd., which rose 4.88% or 88.0 points to trade at 1892.5 at the close. Meanwhile, Dainippon Screen Mfg. Co., Ltd. added 3.54% or 350.0 points to end at 10245.0 and Asahi Kasei Corp. was up 3.51% or 46.0 points to 1357.0 in late trade.
Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1859 to 1481 and 218 ended unchanged.
Shares in Tokyo Electric Power Co., Inc. fell to 52-week lows; down 4.00% or 16.0 to 384.5.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 8.40% to 25.09.
On the technical charts, Nikkei 225 is trading in the positive zone below all the moving averages (9 day, 20 day, 50 day, 100 day and 200 day). The RSI is at 43.45 and the MACD is ready to make a positive crossover above the signal line.
Buy digital Call options between 21370 and 21950, valid until 23:00 GMT March 9, 2018