Tokyo stocks end mixed on Monday

Tokyo stocks closed mixed on Monday.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, lost 407.59 points, or 0.62 percent, to close at 64,916.70.

The broader Topix index finished 1.48 points, or 0.04 percent, higher at 4,067.48 points.

Tokyo stocks end mixed on Monday

Tokyo stocks end mixed on Monday

Iron ore futures finished higher Monday in daytime trading on the Dalian Commodity Exchange (DCE).

The most active iron ore contract for January 2027 delivery rose 1.26 percent to close at 682.50 yuan (about 102 U.S. dollars) per tonne.

Iron ore futures were launched on the Dalian Commodity Exchange in October 2013 and have since become the world's most actively traded iron ore derivatives contract.

As the world's largest importer of iron ore, China opened the contract to international investors in May 2018, further enhancing its role as a key price benchmark for the global seaborne iron ore market.

China's iron ore futures finish higher Monday