Japanese stock ADRs were lower almost across the board in the U.S. stock market on the 7th, with Mizuho FG and Nomura declining. Mitsubishi UFJ, Sumitomo Mitsui FG, Toyota and Sony G also fell, while Takeda rose.
Following the moves in U.S. equities, Japanese stock ADRs fell across the board on the 7th. As equities declined in both Japan and the United States, selling also spread through the ADR market.
Mizuho FG and Nomura were among the stocks with notable declines. Mitsubishi UFJ, Sumitomo Mitsui FG, Toyota and Sony G were also lower. Takeda, meanwhile, rose.
The article was based on a report by Nikkei QUICK News (NQN) and focused on trends in ADRs and the performance of major stocks.