Japanese Stocks Drop 0.9%

Dow Jones
Aug 06

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

Stocks in Japan slipped Thursday, as the Nikkei Stock Average dropped 0.9% to 65683.26.

Taiyo Yuden Co. Ltd. posted the largest decline, dropping 11% to Y9,939, followed by shares of Kioxia Holdings Corp., which dropped 10% to Y48,740. Shares of Mitsui Kinzoku Co. Ltd. dropped 9.6% to Y31,970.

Omron Corp. was the biggest gainer during the session, surging 15% to Y6,819, and Kao Corp. surged 13% to Y3,597. Mercari Inc. rounded out the top three movers, as shares surged 12% to Y4,921.

On the currency front, the yen strengthened 0.0% against the dollar to Y157.83.

In the bond markets, the two-year Japanese government bond yield fell 0.53 basis point to 1.567% and the 10-year JGB yield fell 3.84 basis point to 2.772%. In the U.S., the 10-year Treasury yield rose 0.80 basis point to 4.625%.

Data source: Dow Jones Market Data, FactSet

 

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