Japanese Stocks Fall After Yen Gains on Trade War Concerns

Monday, 13 May 2019 07:37 WIB

Nikkei 225Saham JepangIndeksTopix


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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