Japanese Stocks Drop 0.1%

Dow Jones01-24

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

Stocks in Japan slipped Friday, as the Nikkei Stock Average declined 0.1% to 39931.98.

Mitsubishi Motors Corp. posted the largest decline, dropping 6.9% to Y448, followed by shares of Disco Corp., which dropped 6.7% to Y47,430. Shares of Nidec Corp. fell 3.2% to Y2,854.

Sumitomo Pharma Co. Ltd. was the biggest gainer during the session, surging 7.8% to Y594, and Sapporo Holdings Ltd. surged 4.1% to Y7,030. DeNA Co. Ltd. rounded out the top three movers, as shares gained 3.6% to Y2,761.

On the currency front, the yen strengthened 0.4% against the dollar to Y155.39.

In the bond markets, the two-year Japanese government bond yield rose 1.48 basis points to 0.715% and the 10-year JGB yield rose 2.07 basis points to 1.230%. In the U.S., the 10-year Treasury yield fell 2.30 basis point to 4.623%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

January 24, 2025 02:00 ET (07:00 GMT)

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