Japanese Stocks Climb 1.0%

Dow Jones
01-29

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

Stocks in Japan gained Wednesday, as the Nikkei Stock Average rose 1.0% to 39414.78.

Renesas Electronics Corp. was the biggest gainer during the session, surging 5.8% to Y2,163, and SCREEN Holdings Co. Ltd. surged 4.6% to Y10,675. Advantest Corp. rounded out the top three movers, as shares gained 4.4% to Y8,518.

Shin-Etsu Chemical Co. Ltd. posted the largest decline, falling 4.3% to Y4,890, followed by shares of NEXON Co. Ltd., which fell 3.6% to Y2,056. Shares of Nisshin Seifun Group Inc. fell 3.5% to Y1,743.

On the currency front, the yen strengthened 0.2% against the dollar to Y155.22.

In the bond markets, the two-year Japanese government bond yield rose 0.79 basis point to 0.697% and the 10-year JGB yield fell 0.36 basis point to 1.193%. In the U.S., the 10-year Treasury yield fell 1.10 basis point to 4.527%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

January 29, 2025 02:00 ET (07:00 GMT)

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