DJIA21636.78
LIVE-915.39(-4.06%)
NDX7588.37
LIVE-308.76(-3.91%)

Japan Shares Rise as Investors Weigh Powell Remarks, U.S. Data


Wednesday, 27 February 2019 13:59 WIB

Saham JepangIndeksTopixIndeksNikkei 225


c_740_198_16777215_00_images_assets_NIKKEI225_NIKKEIJPX.jpg

Japanese shares rose as investors weighed the latest remarks from Federal Reserve Chairman Jerome Powell on the U.S. economy and implications for monetary policy.

Pharmaceutical and telecommunications stocks bolstered the benchmark Topix index, which sharply pared its advance in the last minute of trading. Electronics were the biggest drag as the yen held Tuesday’s gain against the dollar. Speaking before a Senate panel, Powell indicated the central bank will be patient and see how headwinds to growth play out. Data showed U.S. consumer confidence improved in February, topping all forecasts and snapping a three-month losing streak.

Topix index +0.2% to 1,620.42 at the close in Tokyo. Nikkei 225 index +0.5% to 21,556.51.

Yen little changed at 110.47 against U.S. dollar after advancing 0.4% Tuesday.

Source : Bloomberg


RELATED NEWS

  • Hong Kong stocks rose Friday, closing a healthy week on a positive note as investors welcomed a blockbuster US stimulus plan and pledges by the Federal Reserve to ease liquidity concerns. The Hang Se...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.