Japanese Stocks Climb 1.8%

Dow Jones
2024-10-28

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

Stocks in Japan gained Monday, as the Nikkei Stock Average gained 1.8% to 38605.53.

Chugai Pharmaceutical Co. Ltd. was the biggest gainer during the session, surging 14% to Y7,855, and Konica Minolta Inc. surged 5.9% to Y638. Kikkoman Corp. rounded out the top three movers, as shares surged 5.3% to Y1,795.

Olympus Corp. posted the largest decline, dropping 5.6% to Y2,678, followed by shares of Kawasaki Heavy Industries Ltd., which fell 3.5% to Y5,587. Shares of Japan Steel Works Ltd. fell 3.5% to Y5,141.

On the currency front, the yen weakened 0.7% against the dollar to Y153.30.

In the bond markets, the two-year Japanese government bond yield rose 0.39 basis point to 0.455% and the 10-year JGB yield rose 1.87 basis points to 0.971%. In the U.S., the 10-year Treasury yield rose 4.20 basis points to 4.288%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 28, 2024 02:30 ET (06:30 GMT)

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