Japanese Stocks Climb Monday

Dow Jones07-29

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

Stocks in Japan gained Monday, as the Nikkei Stock Average gained 2.1% to 38468.63.

Shin-Etsu Chemical Co. Ltd. was the biggest gainer during the session, surging 8.6% to Y6,844, and Rakuten Group Inc. surged 7.6% to Y904. Sumco Corp. rounded out the top three movers, as shares surged 6.9% to Y2,504.

Eisai Co. Ltd. posted the largest decline, dropping 13% to Y5,768, followed by shares of Hitachi Construction Machinery Co. Ltd., which dropped 9.5% to Y3,764. Shares of SCREEN Holdings Co. Ltd. dropped 7.3% to Y11,810.

On the currency front, the yen strengthened 0.3% against the dollar to Y153.29.

In the bond markets, the two-year Japanese government bond yield rose 0.98 basis point to 0.406% and the 10-year JGB yield fell 3.27 basis point to 1.029%. In the U.S., the 10-year Treasury yield fell 1.50 basis point to 4.185%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 29, 2024 02:30 ET (06:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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