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Nikkei Edges Up; Sagging Steel and Non-Ferrous Metal Sectors Cap Gains


Wednesday, 7 March 2018 10:48 WIB

Saham JepangIndeks Nikkei


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Japan's Nikkei share average pared earlier losses on Wednesday, edging up, although gains were limited as the resignation of a key White House adviser raised fears of a global trade conflict, which hurt steel and non-ferrous metals sectors.

The Nikkei was up 0.1 percent at 21,442.20 as of 0212 GMT in an unstable session, during which it went to as low as 21,201.94.

Of Tokyo's 33 sub-sectors, 11 were in the red. Iron and steel fell 1.25 percent and non-ferrous metals shed 0.45 percent.

These sectors underperformed, seen suffering if U.S. President Donald Trump follows through with the threat of imposing tariffs on steel and aluminium imports.

Source : Reuters


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