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Japanese Stocks Fall After Yen Gains on Trade War Concerns


Monday, 13 May 2019 07:37 WIB

Nikkei 225Saham JepangIndeksTopix


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Japanese stocks fell after the yen gained against the dollar and trade talks between the U.S. and China ended without an agreement at the end of last week.

Topix -0.7% at 1,538.13 as of 9:13 a.m. in Tokyo and Nikkei 225 -1% at 21,129.96. The Topix index was poised for a sixth session of losses, the longest decline since September, as electronics makers and telecommunications were the biggest drag on the gauge. The U.S. told China it has a month to seal a trade deal or face tariffs on all its exports to the U.S. White House economic director Larry Kudlow said “both sides will suffer” from the U.S.-China trade war.

Source : Bloomberg


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