In the US stock market on the 1st, Japanese stock ADRs came under selling pressure, with megabanks including Mizuho FG, Sumitomo Mitsui FG and Mitsubishi UFJ Financial Group declining. Takeda Pharmaceutical traded lower, while Toyota Motor rose.
Japanese stock ADRs were broadly under selling pressure in the US stock market on the 1st. Although stock price trends differed between Japan and the US, a large number of Japanese stocks declined in the ADR market.
Megabanks were particularly in focus, with Mizuho FG, Sumitomo Mitsui FG and Mitsubishi UFJ Financial Group falling. These stocks declined one after another in the ADR market.
Meanwhile, Takeda Pharmaceutical traded lower in ADRs, while Toyota Motor rose. The article does not mention trends for other stocks.