Japanese Stocks Decline Wednesday

Dow Jones08-21

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

Stocks in Japan slipped Wednesday, as the Nikkei Stock Average dropped 0.3% to 37951.80.

Shiseido Co. Ltd. posted the largest decline, dropping 5.9% to Y3,342, followed by shares of Furukawa Electric Co. Ltd., which fell 3.8% to Y3,640. Shares of IHI Corp. fell 3.6% to Y5,563.

Seven & I Holdings Co. Ltd. was the biggest gainer during the session, surging 5.8% to Y2,045, and Rakuten Group Inc. surged 4.6% to Y950. Canon Inc. rounded out the top three movers, as shares gained 3.3% to Y4,986.

On the currency front, the yen weakened 0.4% against the dollar to Y145.87.

In the bond markets, the two-year Japanese government bond yield fell 0.93 basis point to 0.354% and the 10-year JGB yield fell 1.77 basis point to 0.874%. In the U.S., the 10-year Treasury yield rose 0.40 basis point to 3.814%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 21, 2024 02:30 ET (06:30 GMT)

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

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