You are here

Tokyo: Stocks decline as yen strengthens, Trump speech awaited

40487502 - 09_11_2016 - JAPAN-MARKETS-STOCKS.jpg

[TOKYO] Japan's Nikkei share average fell on Tuesday with a strengthening yen weighing on exporter shares, although hopes that US President-elect Donald Trump would provide hints about stimulus at an upcoming speech helped curb the losses.

Mr Trump, who takes office on Jan 20, is scheduled to hold a news conference on Wednesday that will be his first since winning the election in November.

The Nikkei dropped 0.8 per cent to 19,301.44.

The broader Topix was down 0.7 per cent at 1,542.31 and the JPX-Nikkei Index 400 fell 0.8 per cent to 13,816.61.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom