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Topix Set to Snap Six-Day Losing Streak as Data Boost Exporters


Thursday, 26 December 2019 08:38 WIB

Nikkei 225IndeksTopix


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Japan’s Topix index rose, poised to snap a six-day losing streak thanks to signs of health in the U.S. economy.

Exporters including electronics makers led gains in all industry groups in early trading in Tokyo. The yen slipped against the dollar. Despite a shorter shopping season, overall U.S. holiday sales excluding automobiles increased 3.4% over last year, of which e-commerce sales made up 14.6%, Reuters reported, citing data from Mastercard.

Topix +0.4% to 1,727.38 as of 9:21 a.m. in Tokyo; volume 20% below 30-day average. Nikkei 225 +0.4% to 23,875.57. Yen -0.1% to 109.43 per dollar.

Source: Bloomberg


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