Nikkei hits near 13-1/2-month high on U.S.-China trade progress
Tuesday, 26 November 2019 11:02 WIB | MARKET UPDATE |Indeks acuan Nikkei 225 indeks TopixSaham Jepang

Japan's benchmark Nikkei hit its highest level in more than a year on Tuesday, led by electronics parts and semiconductor-related stocks as a weaker yen and progress in Sino-U.S. trade talks buoyed appetite for export-oriented firms.

The Nikkei share average climbed as much as 1.35% to 23,608.06, its highest level since Oct. 5, 2018, and ended the morning session up 0.6% at 23,431.74.

Tokyo shares tracked regional gains after China's commerce ministry said Vice premier Liu He, China's chief trade negotiator, held a call with his U.S. counterparts and that both sides agreed to maintain communication on remaining issues.

The broader Topix rose 0.5% to 1,710.81 by the midday break.

Source : Reuters

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