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Japan Nikkei extends losses

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The share market declined for second straight session on Thursday, 13 June 2019, as profit taking continued on taking a negative lead from Wall Street overnight amid uncertainty over an intractable US-trade dispute. Investors' sentiments were downbeat on fading hopes that the leaders of the two countries will clinch a deal on the sideline of Group of 20 summit meeting in on June 28-29 as neither side has shown willingness to compromise. At closing bell, the 225-issue Stock Average declined 0.46%, or 97.72 points, to 21,032, while the broader index of all First Section issues on the shed 0.82%, or 12.72 points, at 1,541.50.

U.

S. said he had no deadline for to return to trade talks, other than the one in his head. Trump has threatened to raise tariffs on Chinese goods if doesn't meet with him at the Group of 20 summit later this month in

Shares of supplier Display plummeted more than 7% after the company announced new restructuring plans, with the company's and CEO set to step down.

CURRENCY NEWS: Japanese yen marginally appreciated against greenback on Thursday. The Japanese yen changed hands at 108.34 against the dollar after touching levels above 108.5 earlier.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 13 2019. 13:58 IST
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