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Nikkei climbs to new 4-mth high on US-China trade hopes, ECB stimulus


Friday, 13 September 2019 10:23 WIB

Saham JepangIndeksTopixIndeks acuan Nikkei 225


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Japan's Nikkei share average rose to a fresh four month-high on Friday, as hints of progress in the U.S.-China trade dispute and stimulus from the European Central Bank helped to counter lingering worries about a global economic slowdown.

The benchmark Nikkei average gained 0.9% to 21,947.53 by the midday break, marking its highest since May 7. For the week, the index has advanced 3.5%, on track to post its biggest gain in eight months.

The broader Topix rose 0.5% to 1,602.23, also its highest in four months.

On Wall Steet, the S&P 500 rose 0.3% to close within striking distance of its all-time closing high overnight, with investors overall sticking to hopes of more progress in upcoming trade talks between the world’s largest economies.

Source : Reuters


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