Japan Stocks Drop on Concern Over Report on U.S.-China Fund Flow
Monday, 30 September 2019 08:45 WIB | MARKET UPDATE |Nikkei 225IndeksTopix

Japanese stocks fell as reports that the U.S. is considering restrictions on fund flows to China hurt market sentiment.

Topix -0.6% at 1,595.09 as of 9:30 a.m. in Tokyo. Nikkei 225 -0.4% at 21,792.61. Yen little changed at 107.95 per dollar.

Pharmaceuticals and telecommunications were the biggest contributors to the Topix index™s decline. U.S. equities dropped on Friday after Bloomberg reported the Trump administration is considering sweeping limits on capital-market investments into China. In response, a Treasury official on Saturday said the U.S. has no plans œat this time to stop Chinese companies from listing on American exchanges. China said it would continue to open up its financial markets.

Source: Bloomberg

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