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Nikkei Flat, Electronics Drive Gains Amid Middle East Tensions

Wall Street Journal Markets •
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Japan's Nikkei Stock Average remained flat at 70685.22 on Thursday, as gains in electronics and machinery shares offset losses in financial stocks. Hitachi surged 2.4% and Mitsubishi Heavy Industries rose 2.5%, while Resona Holdings fell 1.5% and Rakuten Bank declined 0.7%. The broader Topix index advanced 0.4% to 4198.52.

Investors monitored developments in the Middle East conflict, crude oil prices, and bond yields. The dollar traded at 158.42 yen, compared to 158.18 yen at Tuesday's market close. Kosaku Narioka of the Wall Street Journal reported on the market movements.

Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing