Japanese shares jump to 1-month high on Hong Kong, Brexit, US-China trade news
Thursday, 5 September 2019 10:31 WIB | MARKET UPDATE |Nikkei 225Saham Jepang

Japanese shares advanced to a one month-high on Thursday as investors cheered some easing tension in Hong Kong, British lawmakers™ vote against a œno-deal Brexit and signs of progress in U.S.-China trade talks.

The benchmark Nikkei average gained as much as 2.5% to 21,157.15 in the morning session, its highest level since Aug. 2, while the broader Topix rose as much as 2.3% to 1,540.59, its highest in a month.

Risk appetites were improved by news that Hong Kong leader Carrie Lam withdrew an extradition bill that had triggered months of often violent protests in the Asian financial hub and that British lawmakers voted to prevent a no-deal Brexit on Oct. 31.

The market extended early gains after Beijing said China and the United States agreed to hold trade talks in Washington in early October.

All of the Tokyo Stock Exchange™s 33 subsectors were in positive territory as the market attracted hefty purchases across the board.

Source: Reuters

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