Nikkei Rises 0.5%, Led by Auto, Electronics Stocks -- Market Talk

Dow Jones12-27 08:10

0010 GMT - Japanese stocks rise, led by gains in auto and electronics stocks, as a weaker yen raises hopes for earnings growth. Toyota Motor gains 1.0% and Renesas Electronics is 2.0% higher. USD/JPY is at 157.85, compared with 157.36 as of Thursday's Tokyo stock market close. Investors are closely watching any comments on the yen's recent depreciation from Japanese government officials. The Nikkei Stock Average is up 0.5% at 39753.32. (kosaku.narioka@wsj.com; @kosakunarioka)

(END) Dow Jones Newswires

December 26, 2024 19:10 ET (00:10 GMT)

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