Japanese Stocks Decline Friday

Dow Jones09-06

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

Stocks in Japan slipped Friday, as the Nikkei Stock Average declined 0.7% to 36391.47.

Rakuten Group Inc. posted the largest decline, falling 5.0% to Y946, followed by shares of Daikin Industries Ltd., which fell 3.8% to Y17,305. Shares of Mitsubishi Heavy Industries Ltd. fell 3.7% to Y1,712.

M3 Inc. was the biggest gainer during the session, surging 6.6% to Y1,412, and Shiseido Co. Ltd. surged 4.9% to Y3,247. Tokyo Electric Power Co. Holdings Inc. rounded out the top three movers, as shares gained 2.9% to Y679.

On the currency front, the yen strengthened 0.8% against the dollar to Y142.33.

In the bond markets, the two-year Japanese government bond yield rose 0.25 basis point to 0.378% and the 10-year JGB yield fell 1.73 basis point to 0.858%. In the U.S., the 10-year Treasury yield fell 2.50 basis point to 3.708%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

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

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

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