AIRLINK 74.40 Decreased By ▼ -0.76 (-1.01%)
BOP 5.43 Decreased By ▼ -0.02 (-0.37%)
CNERGY 4.34 Decreased By ▼ -0.05 (-1.14%)
DFML 28.75 Increased By ▲ 1.11 (4.02%)
DGKC 77.14 Increased By ▲ 5.14 (7.14%)
FCCL 21.39 Increased By ▲ 1.10 (5.42%)
FFBL 31.40 Increased By ▲ 0.35 (1.13%)
FFL 10.17 Increased By ▲ 0.20 (2.01%)
GGL 10.75 Increased By ▲ 0.48 (4.67%)
HBL 114.50 Decreased By ▼ -0.50 (-0.43%)
HUBC 130.80 Decreased By ▼ -0.65 (-0.49%)
HUMNL 6.82 Decreased By ▼ -0.05 (-0.73%)
KEL 4.08 Decreased By ▼ -0.12 (-2.86%)
KOSM 4.77 No Change ▼ 0.00 (0%)
MLCF 39.78 Increased By ▲ 2.70 (7.28%)
OGDC 135.10 Decreased By ▼ -0.35 (-0.26%)
PAEL 24.17 Increased By ▲ 0.77 (3.29%)
PIAA 27.47 Increased By ▲ 0.16 (0.59%)
PIBTL 6.62 Increased By ▲ 0.02 (0.3%)
PPL 113.54 Increased By ▲ 0.38 (0.34%)
PRL 28.94 Increased By ▲ 0.19 (0.66%)
PTC 15.35 Decreased By ▼ -0.15 (-0.97%)
SEARL 57.80 Increased By ▲ 0.47 (0.82%)
SNGP 67.20 Increased By ▲ 0.21 (0.31%)
SSGC 11.16 Decreased By ▼ -0.01 (-0.09%)
TELE 9.24 Increased By ▲ 0.10 (1.09%)
TPLP 12.05 No Change ▼ 0.00 (0%)
TRG 70.60 Increased By ▲ 0.21 (0.3%)
UNITY 23.76 Increased By ▲ 0.11 (0.47%)
WTL 1.34 No Change ▼ 0.00 (0%)
BR100 7,473 Increased By 18 (0.24%)
BR30 24,373 Increased By 123.4 (0.51%)
KSE100 71,704 Increased By 270.8 (0.38%)
KSE30 23,637 Increased By 70.7 (0.3%)

TOKYO: Japanese government bond prices dipped across the board on Thursday as stocks recovered from the latest round of trade war concerns and curbed demand for safe-haven debt.

The five-year JGB yield rose 1 basis point to minus 0.110 percent.

The benchmark 10-year yield climbed 1 basis point to 0.035 percent and the 30-year yield was up 0.5 basis point at 0.715 percent, nudged away from a 16-month low of 0.710 percent plumbed in the previous session.

JGB market movements were limited ahead of Friday's closely watched US jobs report, which could affect the Federal Reserve's pace of monetary policy normalisation.

Japanese stocks rallied on Thursday after Wall Street bounced back from a sell-off triggered by an escalating US-China trade spat.

The equity markets were relieved as fears of a trade war between the world's two biggest economies eased somewhat after President Donald Trump's economic adviser Larry Kudlow said the administration was in "negotiation" with China, and not engaged in a trade war.

 

Copyright Reuters, 2018

Comments

Comments are closed.