Japanese Stocks Drop 1.0%

Dow Jones2024-12-30

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

Stocks in Japan slipped Monday, as the Nikkei Stock Average dropped 1.0% to 39894.54.

Nissan Motor Co. Ltd. posted the largest decline, dropping 5.7% to Y480, followed by shares of Japan Steel Works Ltd., which fell 4.9% to Y5,778. Shares of Socionext Inc. fell 4.7% to Y2,531.

Hino Motors Ltd. was the biggest gainer during the session, gaining 2.6% to Y566, and Kawasaki Kisen Kaisha Ltd. gained 2.3% to Y2,255. Tokai Carbon Co. Ltd. rounded out the top three movers, as shares gained 2.0% to Y917.

On the currency front, the yen strengthened 0.0% against the dollar to Y157.89.

In the bond markets, the two-year Japanese government bond yield fell 0.43 basis point to 0.605% and the 10-year JGB yield fell 1.05 basis point to 1.094%. In the U.S., the 10-year Treasury yield fell 2.10 basis point to 4.609%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 30, 2024 02:00 ET (07:00 GMT)

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

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