Japanese shares edged higher on Friday as cautious optimism about the prospect of the United States and China reaching a trade agreement lifted investor risk appetite.
At 01:50 GMT the Nikkei index rose 0.61 % to 23,178.77 as exporters in the IT sector and the industrial equipment sector paced gains.
China is pushing to reach a preliminary trade agreement with the United States as both sides keep communication channels open, the Chinese commerce ministry said on Thursday, in an attempt to allay fears talks might be unravelling.
The Topix index rose 0.53% to 1,698.25, on course for a 0.1% weekly gain.
Source : Reuters
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Tokyo Stocks Open Lower On US-China Tension
Friday, 29 May 2020 07:31 WIB
Tokyo stocks opened lower on Friday, tracking falls on Wall Street on rising tensions between the US and China.
The benchmark Nikkei 225 index was down 0.56 percent or 123.03 points at 21,793.28 in early trade, while the broader Topix index...