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16 December 2024 07:54  |

Japan’s Shares Fluctuate; Financials Advance on Rising US Yields

Japan’s equities are narrowly mixed on Monday, with a weakening in the yen supporting export-related firms such as machinery and automakers. Rising US bond yields boosted banks, though trading was subdued before key central bank decisions this week in Japan and overseas.

The Topix Index fell 0.1% to 2,744.06 as of 9:36 a.m. Tokyo time.

The Nikkei advanced 0.2% to 39,544.74.

Tokio Marine Holdings Inc. contributed the most to the Topix Index decline, decreasing 2%. Out of 2,126 stocks in the index, 890 rose and 1,080 fell, while 156 were unchanged.

Source : Bloomberg

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