The final trading in 2019 at the Tokyo's largest stock exchange in Asia ended on Monday with a record level of the Nikkei indexes, which reflects stock prices of 225 leading Japanese companies, Asia Nikkei reported.
"The 225-issue Nikkei Stock Average ended down 181.10 points, or 0.76 percent, from Friday at 23,656.62. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 11.82 points, or 0.68 percent, lower at 1,721.36," the source noted. "The Nikkei gained 18 percent this year after getting off to a weak start. It posted the year's lowest daily close of 19,561.96 on the first trading day on Jan. 4."
According to Kyodo News Agency, all of 2019, stock prices in Tokyo were under the negative impact of a slowdown in global economic growth and a trade war between Washington and Beijing. However, in December, quotes made a powerful leap under the influence of the emerging reconciliation between the US and China - Japan's leading economic partners.
"The issue of U.S.-China trade relations remained the dominant force behind the rattling of the market," said Shingo Ide, chief equity strategist at the NLI Research Institute.
