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Tokyo Stocks Snap Four-Day Winning Streak


Wednesday, 14 March 2018 13:57 WIB

Saham JepangIndeksTopix


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Tokyo stocks fell Wednesday, snapping a four-day winning streak, as investors locked in profits after US President Donald Trump replaced his top diplomat and reports said he is planning new tariffs on China.

The benchmark Nikkei 225 index fell 0.87 percent, or 190.81 points, to 21,777.29. The broader Topix index slipped 0.45 percent, or 7.82 points, to 1,743.21.

The Tokyo market got off to a poor start after US and European stocks fell Tuesday on growing worries about a trade war.

And markets reacted with worry to Trump's decision to sack his secretary of state Rex Tillerson and name current CIA chief Mike Pompeo to succeed him.

Analysts viewed Tillerson as a fan of free markets and fear Pompeo may take a harsher line on trade issues.

Source : AFP


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