Japanese Stocks Rise 0.5%

Dow Jones
23 May

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

Stocks in Japan rose Friday, as the Nikkei Stock Average added 0.5% to 37160.47.

Japan Steel Works Ltd. was the biggest gainer during the session, surging 10% to Y6,463, and Mitsubishi Heavy Industries Ltd. surged 5.4% to Y3,208. Nintendo Co. Ltd. rounded out the top three movers, as shares surged 5.4% to Y11,800.

Mercari Inc. posted the largest decline, falling 3.3% to Y2,322, followed by shares of Hino Motors Ltd., which fell 3.0% to Y449. Shares of DeNA Co. Ltd. fell 2.9% to Y2,769.

On the currency front, the yen strengthened 0.4% against the dollar to Y143.45.

In the bond markets, the two-year Japanese government bond yield fell 1.78 basis point to 0.710% and the 10-year JGB yield fell 2.71 basis point to 1.535%. In the U.S., the 10-year Treasury yield fell 2.60 basis point to 4.514%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 23, 2025 03:00 ET (07:00 GMT)

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