Nikkei 225 Soars 1.37% as Panasonic Leads with 6.91% Gain Amid Strong Advance-Decline Ratio
The Japanese stock market exhibited a positive trend today, with the Nikkei 225 index increasing by 1.37%. Despite a slight monthly decline of 0.44%, the index has gained 0.68% over the past week. Strong upward momentum is reflected in the advance-decline ratio of 2.91, with large-cap stocks leading at a ratio of 7.05. Notable performers included Panasonic Holdings Corp. and Raksul, Inc., achieving returns of 6.91% and 24.47%, respectively. In contrast, Capcom Co., Ltd. and Macbee Planet, Inc. faced significant losses, highlighting the mixed performance across sectors.
The Japanese stock market showed a positive trend today, with the Nikkei 225 index rising by 1.37%. Over the past five days, the index has gained 0.68%, although it has experienced a decline of 0.44% over the last month. In terms of market performance, the advance-decline ratio indicates a strong upward momentum, with 2,649 stocks advancing compared to 910 declining, resulting in a ratio of 2.91. Large-cap stocks performed particularly well, with 155 advancing and only 22 declining, yielding a remarkable ratio of 7.05. Mid-cap stocks also showed strength, with 238 advancing against 31 declining, leading to a ratio of 7.68. Small-cap stocks had 1,423 advancing and 312 declining, resulting in a ratio of 4.56.
Among the top performers, Panasonic Holdings Corp. led large-cap stocks with a return of 6.91%, while Sumitomo Metal Mining Co. Ltd. topped mid-cap stocks with a return of 9.13%. In the small-cap segment, Raksul, Inc. excelled with a notable return of 24.47%. Conversely, Capcom Co., Ltd. and Macbee Planet, Inc. were the worst performers in their respective categories, with returns of -4.24% and -17.24%.
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