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Japan stocks track Wall Street higher, hit over 1-year peak on trade cheer


Tuesday, 17 December 2019 09:53 WIB

Indeks Nikkei


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Japanese stocks hit their highest level in more than a year on Tuesday, tracking a record closing high on Wall Street on renewed optimism over the U.S.-China trade deal.

At 0153 GMT, the Nikkei index rose 0.29 % to 24,022.95, with the healthcare and communications sectors leading the gains. Earlier in the session, the benchmark index reached its highest level since Oct. 4, 2018. It is up 20.03% so far this year.

U.S. National Economic Council Director Larry Kudlow on Monday said a “phase one” deal was “absolutely completed” and reiterated comments made by U.S. Trade Representative Robert Lighthizer that U.S. exports to China will double in exchange for a reduction in U.S. tariffs.

Source: Reuters


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