Japanese Stocks Decline 2.2%

Dow Jones
07 Mar

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

Stocks in Japan fell Friday, as the Nikkei Stock Average dropped 2.2% to 36887.17.

Nintendo Co. Ltd. posted the largest decline, dropping 9.2% to Y10,335, followed by shares of Konami Group Corp., which dropped 7.1% to Y16,935. Shares of DeNA Co. Ltd. dropped 6.4% to Y3,379.

Tokai Carbon Co. Ltd. was the biggest gainer during the session, surging 6.4% to Y987, and Nikon Corp. surged 3.8% to Y1,630. Sumitomo Chemical Co. Ltd. rounded out the top three movers, as shares gained 3.4% to Y371.

On the currency front, the yen strengthened 0.3% against the dollar to Y147.53.

In the bond markets, the two-year Japanese government bond yield rose 1.73 basis points to 0.856% and the 10-year JGB yield rose 1.90 basis points to 1.531%. In the U.S., the 10-year Treasury yield fell 2.90 basis point to 4.247%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 07, 2025 02:00 ET (07:00 GMT)

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