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Japan Stocks Rise as Investors Eye Progress in Trade Talks


Monday, 18 November 2019 10:19 WIB

Saham JepangIndeksTopixIndeks acuan Nikkei 225


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Japanese stocks rose after fluctuating at the Monday open, as investors eyed progress in the U.S.-China trade negotiations.

Telecommunication shares gave the biggest boost to the Topix index, following an announcement on SoftBank Group Corp.'s plan to combine messaging service Line Corp. with Z Holdings Corp., a unit of its telecom arm. U.S. and Chinese trade negotiators held “constructive discussions” in a phone call on Saturday to address each side's core concerns of phase one of the trade deal.

Topix +0.2% to 1,699.43 as of 11 a.m. Tokyo. Nikkei 225 +0.4% to 23,390.51.

Source : Bloomberg


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