DJIA29348.03
LIVE115.84(0.40%)
NDX9718.73
LIVE88.93(0.92%)

Nikkei Tumbles to 3-Week Low as U.S.-China Trade War Worsens


Monday, 26 August 2019 10:17 WIB

Nikkei 225Saham JepangIndeksTopix


c_740_198_16777215_00_images_assets_NIKKEI2_Nikkei-stock-price-drop.jpg

Japanese shares shed more than 2% on Monday, with China-related firms leading the losses after a fresh escalation in the Sino-U.S. trade war knocked global equities markets.

The Nikkei share average fell as much as 2.6% to 20,173.76, its lowest level since Aug. 6, before ending the morning session at 20,258.92, 2.2% lower on the day.

China on Friday imposed tariffs on about $75 billion in imports from the United States including some agricultural products, crude oil and small aircraft.

Hours later, U.S. President Donald Trump heaped an additional 5% duty on some $550 billion in targeted Chinese goods in the latest tit-for-tat escalation between the world’s largest economies.

The broader Topix shed 1.8% to 1,475.21 by the midday break, with all of Tokyo’s 33 subindexes falling.

Source : Reuters


RELATED NEWS

  • Hong Kong stocks opened higher Thursday as investors took their cues from Wall Street where hopes that the new coronavirus would have only a short-term impact on the global economy buoyed markets. Th...
  • Japanese stocks gained after a slide in the yen, while stocks elsewhere in Asia opened with more modest gains as investors scrutinized the infection rate for the coronavirus after another methodology ...
  • Hong Kong stocks closed higher Wednesday as investors bet on policymakers rolling out more measures to cushion the impact of the new coronavirus which is hurting corporate earnings and economic growth...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.