BUSINESS / Markets

Nikkei rises for seventh day on optimism over U.S.-China trade

A stock monitor in Tokyo shows the 225-issue Nikkei average regaining the 23,000 threshold on Tuesday for the first time in about a year, on growing hopes for progress in the U.S.-China trade dispute. | KYODO

Kyodo

Oct 29, 2019

The key Nikkei stock index advanced Tuesday for the seventh consecutive session to end at a fresh high for the year, buoyed by optimism about a nearing agreement for a partial trade deal between the United States and China.

The 225-issue Nikkei average ended up 106.86 points, or 0.47 percent, from Monday at 22,974.13. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 14.25 points, or 0.86 percent, higher at 1,662.68.

Major gainers were led by consumer credit, nonferrous metal and precision instrument issues.

Nikkei rises for seventh day on optimism over U.S.-China trade

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