Japanese stocks extend rally on trade hopes, fiscal stimulus talk

Wednesday, 27 November 2019 09:58 WIB

Saham JepangIndeksTopixIndeksNikkei 225


Japanese stocks rose for a fourth consecutive session on Wednesday as expectations grow for the United States and China to close in on an agreement to scale back their bruising trade war.

At 01:48 GMT the Nikkei index was up 0.38% at 23,463.22, with advancers including automakers and retailers in the consumer discretionary sector. So far this year, the index is up 16.78%. The Topix index rose 0.33% on Monday to 1,711.26.

Japanese shares extended gains, in line with a rally in equities globally, after U.S. President Donald Trump said on Tuesday that Washington was in the “final throes” of work on a deal that would defuse a 16-month trade war with Beijing.

Source : Reuters


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