Japanese Stocks Drop 0.8%

Dow Jones2024-12-06

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

Stocks in Japan slipped Friday, as the Nikkei Stock Average declined 0.8% to 39091.17.

Disco Corp. posted the largest decline, falling 4.4% to Y41,540, followed by shares of Japan Steel Works Ltd., which fell 4.3% to Y6,232. Shares of Fujikura Ltd. fell 4.0% to Y6,122.

Mitsubishi Motors Corp. was the biggest gainer during the session, gaining 4.2% to Y411, and Omron Corp. gained 3.7% to Y5,015. Rakuten Group Inc. rounded out the top three movers, as shares gained 3.4% to Y863.

On the currency front, the yen strengthened 0.2% against the dollar to Y149.85.

In the bond markets, the two-year Japanese government bond yield fell 0.88 basis point to 0.595% and the 10-year JGB yield fell 1.89 basis point to 1.054%. In the U.S., the 10-year Treasury yield rose 0.10 basis point to 4.176%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 06, 2024 02:00 ET (07:00 GMT)

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