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Topix Extends Gain After Kudlow Remark on U.S.-China Trade Talks


Friday, 15 November 2019 09:53 WIB

Topix Jepang


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Japan's Topix extended its advance following remarks from White House economic adviser Larry Kudlow that negotiations over a trade deal with China were coming down to the final stages.

Electronics makers and service-sector companies propelled gains in the benchmark, rebounding from its biggest two-day decline in six weeks. The Nikkei 225 Stock Average also rose after fluctuating in early trading.

Topix +0.8% to 1,697.83 at the trading break in Tokyo.

Gauge -0.9% on Thursday, extending two-day drop to 1.5%.

Nikkei 225 +0.7% at 23,305.71 vs -0.1% earlier.

Yen -0.1% to 108.56 per dollar.

Electronics group: Sony +0.8%, Tokyo Electron +2.0%.

Service companies: Japan Post +4.3%, Recruit +1.2%.

Dentsu +6.5% as SMBC Nikko saw “signs of a bottom for profits” in the latest quarterly results.

Source: Bloomberg


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