Nikkei jumps to 2-month high on U.S.-China trade optimism
Monday, 1 July 2019 13:30 WIB | MARKET UPDATE |Saham JepangIndeksTopixIndeksNikkei 225

Japan's Nikkei jumped over 2% to near two-month highs on Monday as risk sentiment improved after the United States and China agreed to restart trade talks, while tech shares also got a lift on an easing of restrictions on Huawei.

The Nikkei share average ended up 2.1% at 21,729.97 points, its best closing level since May 7.

China agreed to make unspecified new purchases of U.S. farm products and return to the negotiating table, after a weekend meeting between U.S. President Donald Trump and Chinese President Xi Jinping.

The broader Topix surged 2.2% to 1,584.85, with all of its 33 subsectors in positive territory.

Source : Reuters

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