Business · Markets · 6 hrs ago
Japanese ADRs Trade Mixed as Nomura Rises and Major Banks Fall
Japanese companies’ US-traded shares ended mixed on Nov.
2.
These shares are American depositary receipts, or ADRs, which represent shares in companies listed in Japan.
Nomura, Honda and Sony Group rose, while shares in Sumitomo Mitsui Financial Group, Mizuho Financial Group and Mitsubishi UFJ fell.
In the wider US market, lower oil prices supported some buying, but technology shares faced selling.
Investors were also cautious ahead of the US midterm elections, scheduled for Nov.
3.
The combination of mixed market forces left Japanese ADRs without a clear overall direction.
Japanese ADRs traded mixed in the US market on November 2.
Nomura, Honda and Sony Group rose.
Sumitomo Mitsui Financial Group, Mizuho Financial Group and Mitsubishi UFJ fell.
Lower oil prices supported buying in the broader US market, while technology stocks faced selling.
Investors were cautious ahead of the US midterm elections scheduled for November 3.
- Who
- Japanese companies with ADRs traded in the US, including Nomura and major banks.
- What
- Japanese ADRs traded mixed, with some rising and others falling.
- When
- November 2, 2026.
- Where
- The US stock market.
- Why
- Lower oil prices prompted buying, while technology stocks faced selling and investors waited for the US midterm elections.
This story does not have two clearly opposing sides.
Japanese ADRs traded mixed in the US market.
The US midterm elections were scheduled to take place.
- Trading date
- November 2, 2026
- Risers
- Nomura, Honda and Sony Group
- Decliners
- Sumitomo Mitsui Financial Group, Mizuho Financial Group and Mitsubishi UFJ
- Election
- US midterm elections scheduled for November 3