Japanese Shares Drop as Oil, Bond Yields Surge

2026-09-11 00:45 By Jam Kaimo Samonte 1 min. read

The Nikkei 225 Index fell 3% to below 63,500, while the broader Topix Index declined 1.9% to 3,977 on Friday, with both benchmarks heading for steep weekly losses as surging oil prices and global bond yields weighed heavily on equities.

Investors also braced for the US CPI report after Thursday’s PPI data showed wholesale prices accelerated last month, reinforcing expectations for a Federal Reserve rate hike next week.

Domestically, the Bank of Japan is also expected to raise rates, with board member Kazuyuki Masu signaling that the central bank will continue tightening policy and scale back monetary support as underlying inflation moves closer to its 2% target.

Among individual stocks, notable declines came from major companies including Kioxia Holdings (-6.9%), SoftBank Group (-5.9%), Advantest (-6.2%), Mitsubishi UFJ (-1.8%) and Fast Retailing (-1.2%).



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Japanese Shares Drop as Oil, Bond Yields Surge
The Nikkei 225 Index fell 3% to below 63,500, while the broader Topix Index declined 1.9% to 3,977 on Friday, with both benchmarks heading for steep weekly losses as surging oil prices and global bond yields weighed heavily on equities. Investors also braced for the US CPI report after Thursday’s PPI data showed wholesale prices accelerated last month, reinforcing expectations for a Federal Reserve rate hike next week. Domestically, the Bank of Japan is also expected to raise rates, with board member Kazuyuki Masu signaling that the central bank will continue tightening policy and scale back monetary support as underlying inflation moves closer to its 2% target. Among individual stocks, notable declines came from major companies including Kioxia Holdings (-6.9%), SoftBank Group (-5.9%), Advantest (-6.2%), Mitsubishi UFJ (-1.8%) and Fast Retailing (-1.2%).
2026-09-11
Japanese Shares Recover to End Higher
Japan’s Nikkei 225 and Topix indexes each gained 0.2% on Thursday, closing at 65,271 and 4,055, respectively, reversing earlier declines and ending a two-session losing streak. Equities found some relief as the recent surge in oil prices and global bond yields lost momentum, easing pressure on risk assets despite persistent concerns over inflation and higher interest rates. However, the Bank of Japan remains widely expected to raise borrowing costs next week, with board member Kazuyuki Masu indicating that the central bank will keep tightening policy and reduce monetary support as underlying inflation approaches its 2% target. Investors also remained focused on the yen, which climbed to its strongest level in nearly seven months, raising concerns over earnings for Japan’s export-oriented companies. Technology and banking stocks drove the recovery, led by gains in Kioxia Holdings (1.9%), Advantest (3.3%), Taiyo Yuden (4.8%), Mitsubishi UFJ (1.7%) and Sumitomo Mitsui (1.5%).
2026-09-10
The Nikkei 225 Index Closes 0.26% Lower
The Nikkei 225 Index decreased 170 points or 0.26 percent on Thursday to close at 64973 points. The decline was led by Mitsui Kinzoku (-6.18%), Japan Steel Works (-6.04%) and Nintendo Co (-5.32%). On the upside, the strongest performers were Sharp Corpor (5.40%), Taiyo Yuden (4.57%) and T&D Holdings (3.36%).
2026-09-10