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Japanese shares rally in final trades for the year


Thursday, 26 December 2019 11:29 WIB

Nikkei 225IndeksTopix


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Japanese shares rose on Thursday, rallying after eight sessions of intra-day weakness in trades marking the final settlements for 2019 and driven by expectations of a Sino-U.S. trade deal early in the new year.

The Nikkei index was up 0.42% at 0147 GMT, to 23,883.43 points, taking its gains for the year so far to 18.83%. The broader Topix index was up 0.36%.

The rally was broad-based with investors counting on an end to the prolonged trade war to prop up a market that has been disproportionately hurt by flagging global demand, but led by the industrials and consumer discretionary sectors.

Source: Reuters


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