Japanese stocks have witnessed positive performance in the last trading sessions, as the shares of major companies, enhanced by the increasing confidence in the market.
Fujikura, Sumitomo MINING, Shiseido, Furukawa Electric, and Advantest Corp. In the list of winners, making noticeable gains in light of the improvement of the demand for technology, minerals, and cosmetics.
Stock performance
Fujikura
Fujikura shares recorded a strong increase of +8.05% to 6,212.0 yen, as trading opened at 6,217.0 yen, while its lowest levels during the session reached 5,739.0 yen.
The stock witnessed strong support due to the increasing demand for cable solutions and technical innovations, which strengthened the momentum of trading on it.
Sumitomo Metal Mining
Sumitomo metal mining rose by +6.19% to close at 3,294.0 yen, and trading began at 3,299.0 yen, while recorded the lowest level at 3,085.0 yen.
This strong performance reflects the increase in global demand for natural resources, especially in light of the positive moves of mineral prices.
Shiseido
Shiseido’s shares continued its strong performance, registering an increase of +5.97% to 2,840.0 yen, and trading opened at 2,857.5 yen, while its lowest level during the session was 2,635.0 yen.
The strong demand for cosmetics and the return of consumer spending has contributed to supporting this growth.
Furukawa Electric
Furukawa Electric shares have made +5.75% gains to close at 5,845.0 yen. Trading opened at 5,911.0 yen, while fell to the lowest level at 5,485.0 yen during the session.
This growth indicates the continued strength of the electronics sector and the expansion of its associated industries.
Advantest Corp
End ADVANTest Corp. The session is an increase of +5.30%, closed at 8,245.0 yen, and the trading was opened at 8,299.0 yen, while its lowest level reached 7,774.0 yen.
Strong performance reflects the continued increasing demand for semiconductors and advanced technology.
