Nikkei slips but on track for best month in a year; U.S.-China trade tensions weigh [Reuters]
KANSAI ELEC PWR UNSP/ADR (KAEPY)
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Source: Reuters
Nikkei slips but on track for best month in a year; U.S.-China trade tensions weigh - Reuters 2 Min Read TOKYO, Sept 30 (Reuters) - Japan’s Nikkei average is on track for its best month in a year though it fell on Monday after news that the U.S. administration is considering delisting Chinese companies from U.S. exchanges. The benchmark Nikkei average declined 0.5% to 21,780.20 by the midday break, but at 5.2% higher for the month, it is heading for its best monthly performance since September 2018. The broader Topix index dipped 0.8% to 1,591.46 with all but two of its 33 subindexes trading in negative territory. It has nevertheless advanced 5.3% so far in September, putting it on track for its best month in nearly two years. Risk assets took a hit in U.S. trade on Friday following news that the administration of President Donald Trump is considering new financial pressure tactics on China, including the possibility of delisting Chinese companies from U.S. stock exchanges. Analysts s
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