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Japanese shares edge up on stronger-than-expected GDP data


Monday, 20 May 2019 09:57 WIB

Nikkei 225Saham Jepang


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Japan's Nikkei share average edged higher on Monday as domestic economic growth in the first quarter proved firmer than expected, although market gains were limited as the data also pointed towards lacklustre domestic demand.

The Nikkei was up 0.3% at 21,309.25 as of 0159 GMT.

Data released on Monday showed Japan’s gross domestic product (GDP) grew at an annualised 2.1% in the first quarter versus expectations of a 0.2% contraction. However, the surprise expansion was mostly caused by imports declining faster than exports.

Source: Reuters


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