Friday, 15 February 2019 14:05 WIB |
MARKET UPDATE |Nikkei 225TopixSaham Jepang
Japan's Topix index fell for the first time in four days as uncertainty over global growth returned after disappointment from U.S. retail sales figures and negative signals from the world's biggest economy's ongoing trade talks with China.
The Topix gained 2.5 percent this holiday-shortened week, the first weekly gain in three. Topix -0.8% to 1,577.29 at close in Tokyo. Nikkei 225 -1.1% to 20,900.63. Yen +0.1% at 110.37 per dollar; rose 0.5% on Thursday
Telecommunications companies and electronics makers were the biggest drags on the gauge, paring the 3.3 percent advance the Topix made from Tuesday through Thursday. U.S. December retail sales fell 1.2 percent, missing an estimate for a 0.1 percent gain, data from the Census Bureau showed. The U.S. has also made little progress so far in trade talks with China as the two sides failed to narrow the gap around structural reforms to China's economy that the U.S. has requested, according to people familiar with discussions.
Investors were also concerned about U.S. politics after a report said President Donald Trump plans to use unilateral authority to spend about $8 billion to construct physical barriers along the U.S.-Mexico border, according to people familiar with the matter.
Source : Bloomberg