Japanese ADRs rose almost across the board in the US stock market on the 17th. Gains in Japanese and US stocks spread to Japanese ADRs, lifting Takeda Pharmaceutical and Orix, while Nomura Holdings fell.
Japanese ADRs rose almost across the board in line with the US stock market on the 17th. It was reported that gains in Japanese and US equities encouraged buying in Japanese ADRs.
The risers included Takeda Pharmaceutical, Orix, Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group and Honda, with buying generally leading the market.
Nomura Holdings, meanwhile, was reported to have fallen in ADR trading. In response to market movements, the performance of ADRs appears to have been influenced by trends in the Japanese and US stock markets.
The day's movements were reported by The Nikkei as an overview of the domestic market and trends in related stocks.