Japanese Stocks Rise 1.8%

Dow Jones
07 Oct 2024

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 39332.74.

Resona Holdings Inc. was the biggest gainer during the session, surging 8.7% to Y1,044, and Konami Group Corp. surged 8.2% to Y14,790. Nikon Corp. rounded out the top three movers, as shares surged 7.9% to Y1,672.

Disco Corp. posted the largest decline, dropping 6.3% to Y37,220, followed by shares of Nitori Holdings Co. Ltd., which fell 2.3% to Y20,395. Shares of Meiji Holdings Co. Ltd. fell 1.3% to Y3,628.

On the currency front, the yen strengthened 0.2% against the dollar to Y148.49.

In the bond markets, the two-year Japanese government bond yield rose 3.88 basis points to 0.408% and the 10-year JGB yield rose 3.92 basis points to 0.925%. In the U.S., the 10-year Treasury yield rose 2.50 basis points to 3.987%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 07, 2024 02:30 ET (06:30 GMT)

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