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Nikkei Hits More Than 3-Month High on Trade Talks Optimism


Thursday, 30 August 2018 10:10 WIB

TopixSaham JepangIndeks Nikkei


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Japan's Nikkei rose to more than a three-month high on Thursday after U.S. stocks extended gains as positive developments in trade negotiations underpinned sentiment, while index-heavy stocks such as Fanuc and Fast Retailing advanced.

The Nikkei share average gained 0.6 percent to 22,977.54 points in midmorning trade, after climbing to 23,032.17 points, its highest level since May 21.

On Wednesday, the leaders of the United States and Canada expressed optimism that they could reach a new North American trade deal by a Friday deadline, although Canada warned that a number of tricky issues remained.

The broader Topix added 0.1 percent to 1,741.69.

Source : Reuters


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