Japanese Stocks Decline Wednesday

Dow Jones09-04

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

Stocks in Japan fell Wednesday, as the Nikkei Stock Average fell 4.2% to 37047.61.

Disco Corp. posted the largest decline, dropping 9.8% to Y36,210, followed by shares of Furukawa Electric Co. Ltd., which dropped 9.2% to Y3,312. Shares of Socionext Inc. dropped 9.1% to Y2,838.

BANDAI NAMCO Holdings Inc. was the biggest gainer during the session, gaining 3.1% to Y3,210, and Nitori Holdings Co. Ltd. gained 2.6% to Y22,000. Aeon Co. Ltd. rounded out the top three movers, as shares gained 1.9% to Y3,719.

On the currency front, the yen strengthened 0.1% against the dollar to Y145.30.

In the bond markets, the two-year Japanese government bond yield fell 0.77 basis point to 0.381% and the 10-year JGB yield fell 3.57 basis point to 0.890%. In the U.S., the 10-year Treasury yield fell 0.50 basis point to 3.831%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

September 04, 2024 02:30 ET (06:30 GMT)

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

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