Tokyo: Stocks decline as yen strengthens, Trump speech awaited
[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
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
H2G Green chief to stand trial on Aug 5 amid MOM probe
Singapore shares climb at Friday’s open; STI up 0.2%
Stocks to watch: DBS, KIT, Clint, Elite Commercial Reit
Europe: Shares ease after Federal Reserve decision, mixed earnings
US: Tech shares lead stocks higher