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Indonesia News Portal for Traders | Financial & Business Updates

11 December 2024 15:55  |

Nikkei Ends Flat as Defense Stocks Support

The Nikkei Stock Average closed flat at 39372.23 as gains in defense stocks helped offset losses in utilities.

Mitsubishi Heavy Industries gained 4.1% and Kawasaki Heavy Industries climbed 10%, while Kansai Electric Power fell 1.5% and Chubu Electric Power dropped 1.5%. Broader market index Topix gained 0.3% to 2749.31.

Investors will be focusing on U.S. inflation data due later in the day. USD/JPY was at 151.70, compared with 151.96 as of Tuesday 5 p.m. Eastern time. The 10-year Japanese government bond yield rose half a basis point to 1.065%. 

Source : Dow Jones Newswires

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