Japanese stocks close lower, dragged by technology shares

The Japanese Nikkei index declined for the second consecutive session on Monday, in limited trading, affected by a decline in Technology stocks After US bond yields rose, while many markets remained closed due to the Easter holiday.

The Nikkei declined 1.08% to close at 26799.71 points, and 181 shares fell out of 225 shares listed on the index, compared to 40 shares that rose.

The broader Topix index fell 0.86% to 1,880.08 points.

The biggest losers were clothing store owner Fast Retailing, which fell 1.25%, and employment agency Recruit Holdings, which fell 3.32%. Japan Airlines shares fell 2.07%, Sony Group shares lost 0.67%, Nintendo 1.63% and SoftBank 0.93%.

On the other hand, Credit Sison credit card stock rose 20.72%.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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