Nikkei Falls 2.6% as Tech Stocks Weigh -- Market Talk

Dow Jones

2024-11-01

0645 GMT - Japan shares closed lower, in line with most Asian peers, with electronics and technology-related stocks weighing on the benchmark index. The Nikkei Stock Average fell 2.6% to close at 38053.67. Hitachi dropped 6.2% and index heavyweight SoftBank Group shed 5.6%. NTT Data Group and Fujitsu lost 5.5% and 9.0%, respectively. Automobile stocks also fell, with Suzuki Motor shedding 4.3% and Isuzu Motors losing 3.6%. USD/JPY was at 152.49, compared with 152.84 as of Thursday's Tokyo stock-market close. (venkat.pr@wsj.com)

(END) Dow Jones Newswires

November 01, 2024 02:46 ET (06:46 GMT)

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

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