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Topix Rises as Yen Slides After North Korea Frees U.S. Citizens


Thursday, 10 May 2018 09:04 WIB

Nikkei 225Saham JepangIndeks acuan Nikkei 225Topix JepangJapan Topix


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Japanese shares rose as the yen weakened after North Korea released three U.S. detainees in a goodwill gesture before a planned summit.

Topix rose 0.2% to 1,775.63 as of 9:46 a.m. in Tokyo and Nikkei 225 added 0.4% 22,487.41. Yen weakened 0.2% at 109.90 per dollar.

Automakers and banks provided the biggest boosts for the benchmark Topix gauge. The Japanese currency fell for a third day against the dollar as geopolitical tension continues to ease in East Asia and 10-year U.S. Treasury yields hover near the key 3 percent mark. North Korea released three U.S. citizens who had been detained for as long as two years. Trump tweeted that the date and place has been set for a meeting with Kim Jong Un.

Source: Bloomberg


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