Tokyo stocks close higher after Abe-Trump meeting - News Summed Up

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Tokyo stocks close higher after Abe-Trump meeting


The benchmark Nikkei 225 index rose 0.15 percent, or 32.98 points, to 22,191.18 while the broader Topix index was marginally higher, adding 0.51 points to 1,750.18. “It shows that sentiment is largely positive that the Nikkei managed to close in positive territory for the fifth straight day,” said Makoto Sengoku, market analyst at Tokai Tokyo Research Institute. Investors were relieved that “the Abe-Trump summit gave no positive surprise but no negative surprise either”, he told AFP. The dollar edged up to 107.40 yen from 107.25 yen in New York late Wednesday. In stocks trade, banks were higher with Mitsubishi UFJ Financial up 1.26 percent at 714.4 yen.


Source: The Guardian April 19, 2018 09:33 UTC



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