Japanese Stocks Climb 1.2%

Dow Jones
2024-12-23

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

Stocks in Japan gained Monday, as the Nikkei Stock Average rose 1.2% to 39161.34.

Mitsubishi Motors Corp. was the biggest gainer during the session, surging 5.3% to Y491, and Advantest Corp. surged 4.5% to Y9,000. IHI Corp. rounded out the top three movers, as shares gained 4.3% to Y8,709.

Astellas Pharma Inc. posted the largest decline, falling 1.5% to Y1,519, followed by shares of Rakuten Group Inc., which fell 1.4% to Y907. Shares of BANDAI NAMCO Holdings Inc. fell 1.4% to Y3,720.

On the currency front, the yen weakened 0.1% against the dollar to Y156.64.

In the bond markets, the two-year Japanese government bond yield rose 0.27 basis point to 0.580% and the 10-year JGB yield rose 0.63 basis point to 1.061%. In the U.S., the 10-year Treasury yield rose 0.50 basis point to 4.524%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 23, 2024 02:00 ET (07:00 GMT)

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

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