Friday, 7 December 2018 10:12 WIB |
MARKET UPDATE |Nikkei 225Saham JepangIndeks acuan Nikkei 225Topix JepangJapan Topix
Japan's Nikkei share average snapped a three-day losing streak on Friday, drawing some relief after Wall Street shares clawed back some of their sharp losses.
Wider gains were capped, however, by resurgent concerns about the U.S.-China trade conflict and caution ahead of the U.S. non-farm jobs report due later on Friday.
The Nikkei was up 0.1 percent at 21,524.02 at the break. The index has fallen 3.5 percent so far this week, weighed by worries about slowing momentum in the U.S. economy and as trade fears whacked global equity markets.
Fujitsu Ltd advanced 3.3 percent and NEC climbed 2.7 percent on expectations telecommunications equipment demand would increase after the Japan said it plans to ban government equipment purchases from China™s Huawei Technologies Co Ltd and ZTE Corp,.
The Tokyo Stock Exchange's (TSE) oil and coal subindex fell 3.4 percent, leading the decliners.
The broader Topix inched down 0.03 percent to 1,610.11.