Nikkei in Japan records the biggest increase in two and a half months of bargain hunting | Market conversation



[ad_1]

The Nikkei advanced on the Tokyo Stock Exchange as investors bought cheap shares and raised their annual profit forecasts, easing fears over US-China trade disputes. which led to a decline in US stocks.

The Nikkei <.N225> rose 1.5% to 21,457.29, its largest increase since mid-August.

The effect of Wall Street's tracking index has been weakened as major technology stocks and the internet have fallen sharply.

US stocks fell sharply after the Bloomberg news agency announced that the US planned to charge an additional $ 257 billion worth of Chinese products if talks between US President Donald Trump and Chinese President Xi Jinping failed. did not end the trade war.

Honda Motor grew by 2% and Nissan Motor by 1.5%. Mitsubishi UF Corp. G-Financial 2.3% and Mitsui Sumitomo Financial Group (2.2%).

The broader TOPIX index <.TOPX> increased 1.4% to 1,611.46.

[ad_2]
Source link