Japanese Stocks Decline Friday

Dow Jones05-24

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Japan fell Friday, as the Nikkei Stock Average dropped 1.2% to 38646.11.

Fuji Electric Co. Ltd. posted the largest decline, dropping 11% to Y8,814, followed by shares of Socionext Inc., which dropped 6.2% to Y4,294. Shares of Lasertec Corp. fell 4.5% to Y43,430.

Fujikura Ltd. was the biggest gainer during the session, gaining 4.9% to Y3,205, and Shiseido Co. Ltd. gained 4.2% to Y5,018. DIC Corp. rounded out the top three movers, as shares gained 3.8% to Y3,292.

On the currency front, the yen improved 0.1% against the dollar to Y157.07.

In the bond markets, the two-year Japanese government bond yield rose 0.42 basis point to 0.344% and the 10-year JGB yield rose 0.57 basis point to 1.009%. In the U.S., the 10-year Treasury yield fell 0.30 basis point to 4.477%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 24, 2024 02:30 ET (06:30 GMT)

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