Japanese shares rose on Thursday, rallying after eight sessions of intra-day wea...
SINGAPORE - Japanese shares rose on Thursday, rallying after eight sessions of intra-day weakness in trades marking the final settlements for 2019 and driven by expectations of a Sino-U.S. trade deal early in the new year.
The Nikkei index was up 0.42% at 0147 GMT, to 23,883.43 points, taking its gains for the year so far to 18.83%. The broader Topix index was up 0.36%. Under Japan’s T+2 settlement system, trades done on Thursday would be settled on Monday, the final trading day for the year. “Market players appear to be betting shares will rise after tomorrow, which is effectively the start of new year trade.”
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