Thursday, 18 October 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Nikkei edges higher as chip-related stocks rise, but trade talks cap gains

Japan's Nikkei edged higher on Tuesday morning helped by gains in chip equipment makers, but gains were limited as U.S.-Japan trade talks scheduled this week kept investors cautious.

Investors returned to the market after a national holiday on Monday. The dollar's move above 112 yen level has underpinned confidence among Japan's export-exposed firms.

Tuesday's gainers included large cap stocks such as Tokyo Electron and Advantest Corp, which soared 3.0 percent and 3.4 percent, respectively, tracking steady U.S. tech shares overnight.

The Nikkei share average gained 0.2 percent to 23,909.01 at morning close after dipping in negative territory. The benchmark index has hit a more than eight-month high after rising U.S. yields pushed up financial stocks while the weak yen supported overall sentiment.

The broader Topix gained 0.7 percent to 1,815.91.

Japan and the United States postponed their second round of trade talks in New York to Tuesday from Monday, a Japanese official said, amid concerns in Tokyo that it would face greater pressure to reduce the bilateral trade imbalance.

Source: Reuters

RELATED NEWS
Stocks edge back into negative territory after Fed minutes...
Thursday, 18 October 2018 03:19 WIB

Saham diperdagangkan sedikit lebih rendah Rabu setelah rilis risalah dari pertemuan kebijakan terakhir Federal Reserve, tetapi tetap di atas terendah di sesi ini. Dow Jones Industrial Average turun l...

Dow drops 200 points as volatile trading continues, IBM drops 7%...
Wednesday, 17 October 2018 23:28 WIB

Saham AS turun pada hari Rabu ini yang dikarenakan berlanjutnya perdagangan yang bergejolak hingga awal musim laporan laba. Koreksi dalam saham perumahan juga berkontribusi pada penurunan. Indeks Dow...

Europe's key stock index ends lower with Brexit 'moment of truth in focus'...
Wednesday, 17 October 2018 23:23 WIB

Indeks ekuitas utama Eropa berakhir lebih rendah pada hari Rabu, sehari setelah sesi terbaik sejak awal April, seiring kekhawatiran negosiasi yang goyah antara Uni Eropa dan Inggris atas kesepakatan p...

Dow Opens More Than 100 Points Lower After Sharp Tuesday Rebound...
Wednesday, 17 October 2018 20:48 WIB

Sebagian besar saham AS mencatatkan pembukaan yang lebih rendah pada hari Rabu, sehari setelah indeks utama mengalami kenaikan satu hari terbesar sejak akhir Maret. Dow Jones Industrial Average turun...

Dow Futures Fall More Than 100 Points After Biggest 1-Day Gain Since March...
Wednesday, 17 October 2018 17:57 WIB

Saham AS pada awal Rabu tampak siap untuk penurunan kembali dari kenaikan di sesi sebelumnya yang mengirim indeks utama ke kenaikan terbesar mereka sejak Maret, karena investor terus mencerna perkemba...

LATEST NEWS
Dollar gains stick as Fed minutes point to further rate hikes

The U.S. dollar held on to gains as minutes of the Federal Reserve's September meeting underlined expectations for the central bank to continue on its path of gradual rate increases. The majority of the Fed's Open Market Committee believe that...

British, EU Leaders Meeting in Latest Attempt to Break Brexit Impasse

British Prime Minister Theresa May goes before European Union leaders Wednesday as the two sides faced stalled talks in the negotiations over Britain's exit from the bloc. Months of talks have produced agreements on many parts of how to unravel...

Stocks edge back into negative territory after Fed minutes

Stocks traded modestly lower Wednesday after the release of minutes from the Federal Reserve™s last policy meeting, but remained above session lows. The Dow Jones Industrial Average fell more than 300 points in early trading, before paring those...

POPULAR NEWS
Gold Rally Rolls On
Tuesday, 16 October 2018 04:14 WIB

On Friday we asked the question -- could the gold rally continue? The markets have spoken with a resounding yes. Gold traded as high as $1,237 this...

Pressure Set to Resume For Wall Street as Stock Futures Pitch Lower
Monday, 15 October 2018 16:53 WIB

U.S. stock futures indicated a lower start for Wall Street on Monday, as global stocks failed to join a rally that came late last week on the heels...

Gold ends at another multimonth high, but U.S. stock market rally limits the metal's rise
Wednesday, 17 October 2018 01:26 WIB

Gold futures edged up Tuesday to mark another finish at their highest since July, but a rally in the U.S. stock market limited the gains for the...

Gold Advance as Risks Proliferate From Stocks to Trade
Monday, 15 October 2018 15:47 WIB

Gold advanced as a stock slump resumed in Asia, President Donald Trump hinted at imposing more tariffs on China, and investors tracked tensions...