Trade Deal: Points Friday

trade deal: It gained 1.96 points Friday, according to The Japan Times. Stocks moved broadly higher at the outset, following a Wall Street rebound Friday spurred by remarks by U.S. President Donald Trump and Chinese President Xi Jinping indicating that they have come close to signing phase one of a trade deal, brokers said. The Nikkei 225 average advanced 179.93 points, or 0.78 percent, to end at 23,292.81 after rising 74.30 points Friday. ; The Topix, which covers all issues listed on the Tokyo Stock Exchange's first section, finished 11.62 points, or 0.69 percent, higher at 1,702.96. Hong Kong shares' vigorous performance in the wake of pro-democracy candidates' sweeping victories in Sunday's district council elections also brightened sentiment, they said. Chihiro Ota, general manager for investment research and investor services at SMBC Nikko Securities Inc., said that taken as a whole, trading was suffering from Monday lethargy. After the initial spurt, however, the market failed to go up further, although it remained buoyant for the rest of the day. (news.financializer.com). As reported in the news.

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