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Indonesia News Portal for Traders | Financial & Business Updates

24 December 2024 13:52  |

Nikkei Down 0.3%, Boosted by Tech, Electronics Shares

Japanese stocks ended lower in thin holiday trading, dragged down by technology and electronics shares. Rakuten Group fell 1.6% and Fujitsu dropped 2.5%. Meanwhile, Honda Motor jumped 12% after it said it would buy back $7 billion of shares and merge with Nissan Motor by 2026.

The Nikkei Stock Price Index fell 0.3% to 39,036.85. USD/JPY was at 157.02, compared with 157.14 at 5 p.m. ET Monday. Investors were focused on any escalation in U.S.-China trade tensions and conflicts in the Middle East. The yield on the benchmark 10-year Japanese government bond rose half a basis point to 1.065%.

Source: Bloomberg

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