Japanese Stocks Drop 7.8%

Dow Jones2025-04-07

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

Stocks in Japan dropped Monday, as the Nikkei Stock Average dropped 7.8% to 31136.58.

Yaskawa Electric Corp. posted the largest decline, dropping 20% to Y2,668, followed by shares of Renesas Electronics Corp., which dropped 17% to Y1,380. Shares of Kawasaki Heavy Industries Ltd. dropped 16% to Y6,182.

Oriental Land Co. Ltd. was the biggest gainer during the session, slipping 0.9% to Y2,891, and Aeon Co. Ltd. fell 2.5% to Y3,700. Nisshin Seifun Group Inc. rounded out the top three movers, as shares falling 3% to Y1,684.

On the currency front, the yen strengthened 1.1% against the dollar to Y145.41.

In the bond markets, the two-year Japanese government bond yield rose 0.10 basis point to 0.596% and the 10-year JGB yield fell 3.91 basis point to 1.117%. In the U.S., the 10-year Treasury yield fell 9.20 basis point to 3.917%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 07, 2025 03:00 ET (07:00 GMT)

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