Japanese Stocks Rise 1.0%

Dow Jones
05-02

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

Stocks in Japan gained Friday, as the Nikkei Stock Average added 1.0% to 36830.69.

Yamato Holdings Co. Ltd. was the biggest gainer during the session, surging 5.3% to Y2,078, and Sumitomo Pharma Co. Ltd. surged 5.3% to Y941. Otsuka Holdings Co. Ltd. rounded out the top three movers, as shares surged 5.2% to Y7,697.

Resona Holdings Inc. posted the largest decline, dropping 5.3% to Y1,040, followed by shares of Seiko Epson Corp., which fell 4.9% to Y1,920. Shares of Concordia Financial Group Ltd. fell 4.2% to Y853.

On the currency front, the yen strengthened 0.1% against the dollar to Y145.19.

In the bond markets, the two-year Japanese government bond yield fell 1.05 basis point to 0.619% and the 10-year JGB yield fell 0.70 basis point to 1.268%. In the U.S., the 10-year Treasury yield rose 1.20 basis points to 4.233%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 02, 2025 03:00 ET (07:00 GMT)

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