News Formal

Tokyo stocks open higher on trade hopes

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Investors closely monitoring Chinese and Japanese data for clues on global economy prospects. FMTNews Tokyo

TOKYO: Tokyo stocks opened higher on Monday, helped by rallies on Wall Street amid increasing optimism over the US-China trade talks.

US President Donald Trump on Friday said he had not agreed to roll back any import tariffs as part of a partial trade deal the two sides are negotiating. “On the backdrop of some progress in the US-China trade talks, optimism over the global economy is growing,” Shuji Hosoi, a senior strategist at Daiwa Securities based in Tokyo, said in a commentary.

Its bigger rival Toyota was down 0.27% at 7,883 yen, while Nissan was down 0.21% at 708.5 yen. Nissan is due to announce its first-half earnings report on Tuesday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A primer on investing in Malaysian stocksHere is some basic information for newbies on investing in Malaysian stocks. FMTNews FMTLifestyle Investment Buy-Low-Sell-High at your own risks!
Source: fmtoday - 🏆 5. / 72 Read more »