Japanese stock index Topix is ready to show the highest 4-day growth since November 2016, Bloomberg reports.

Yen fell in New York as investors put away concerns in regards to trade war between the US and China. China’s Minister of Finance said that Beijing is ready to discuss conditions for ending trade conflict. China however announced counter tariffs on $60 billion of US goods.

Companies in electronics sector showed the highest gains within Topix index today.

Analytics predict possible further growth of Japanese shares within next month. Net selloff of stocks by foreign investors already reached peak level in 2018, therefore, further decline is unlikely.

Topix rose above 100-day and 200-day moving average, and this allowed to reduce yearly losses to 1,7%. Today index gained 1,6% to 1787,39. As a result, 4-day growth increased to 5,7%.