Tokyo: Stocks edge down on US-China worries

Tokyo stocks closed marginally lower Thursday as uncertainty surrounding US-China trade talks offset bargain-hunting.[TOKYO] Tokyo stocks closed marginally lower Thursday as uncertainty surrounding US-China trade talks offset bargain-hunting.

The benchmark Nikkei 225 index fell 0.09 per cent, or 18.49 points, to 20,460.93 while the broader Topix index inched down 0.01 per cent, or 0.18 points, to 1,490.17. Tokyo shares opened higher after Wall Street staged a late rally on Wednesday as the gloom lifted on a plunge in crude oil inventories, pointing to sustained demand for fuel, a sign of economic health.

But they fell into negative territory as investors remained worried about the US-China trade war and Britain's exit from the European Union."People continued to buy on dips because many stocks are still undervalued," said Naoki Fujiwara at Shinkin Asset Management.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Tokyo: Stocks open flat on Thursday[TOKYO] Tokyo stocks opened flat on Thursday, with worries about Brexit capping gains from positive sentiment on higher US stocks and a breather in the yen's rise against the dollar. Read more at The Business Times.
La source: BusinessTimes - 🏆 15. / 51 Lire la suite »

Tokyo: Stocks open modestly higher on Wednesday[TOKYO] Tokyo stocks opened slightly higher on Wednesday, as positive sentiment from China's announcement of stimulus and bargain-hunting purchases offset the negative impact of losses on Wall Street. Read more at The Business Times.
La source: BusinessTimes - 🏆 15. / 51 Lire la suite »

US stocks retreat after brief trade war rallyNEW YORK: US stocks retreated on Tuesday (Aug 27), pulling back from the short-lived optimism on the trade war with China that inspired a brief ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »

Asian stocks find modest support on firmer US futuresAsian shares eked out meager gains on Wednesday, as higher Wall Street futures provided some relief for investors after an overnight U.S. selloff, ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »

New China tariffs a 'job killer,' US industry tells Trump[WASHINGTON] President Donald Trump's new tariffs on Chinese goods are a 'job killer' that will slam consumers and could make a recession more likely, industry groups said on Wednesday. Read more at The Business Times.
La source: BusinessTimes - 🏆 15. / 51 Lire la suite »