Japanese Stocks Climb 0.6%

Dow Jones10-11

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

Stocks in Japan rose Friday, as the Nikkei Stock Average increased 0.6% to 39605.80.

Fast Retailing Co. Ltd. was the biggest gainer during the session, surging 6.1% to Y54,490, and Fujikura Ltd. surged 5.5% to Y5,456. Furukawa Electric Co. Ltd. rounded out the top three movers, as shares gained 4.7% to Y3,792.

Mitsubishi Estate Co. Ltd. posted the largest decline, falling 2.8% to Y2,360, followed by shares of Yokohama Rubber Co. Ltd., which fell 2.6% to Y3,180. Shares of Kansai Electric Power Co. Inc. fell 2.5% to Y2,564.

On the currency front, the yen weakened 0.2% against the dollar to Y148.83.

In the bond markets, the two-year Japanese government bond yield rose 0.10 basis point to 0.414% and the 10-year JGB yield fell 0.60 basis point to 0.953%. In the U.S., the 10-year Treasury yield rose 1.20 basis points to 4.077%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 11, 2024 02:30 ET (06:30 GMT)

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

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