• MTS Futures News_PM_20170731

    31 Jul 2017 | SET News


• Asian shares turned positive on Monday, shrugging off a new North Korean missile test as investors turned their attention to a raft of global economic data and earnings this week, while the dollar crept up but remained capped by U.S. political concerns.

MSCI's broadest index of Asia-Pacific shares outside Japan reversed early losses to rise 0.25 percent.

• Japan's Nikkei ended slightly softer on Monday and at 6-1/2-week lows as a sell-off in index heavyweight stocks SoftBank and Fanuc offset gains in steelmakers and other companies with upbeat earnings.

The Nikkei fell 0.2 percent to 19,925.18 points, its lowest close since June 15. For the month, the Nikkei shed 0.5 percent, snapping a thhree-month winning streak.

• China stocks extended gains on Monday, as investors piled into resource firms which forecast jumps in first-half earnings, reinforcing a rotation into blue chips that feature solid growth and fundamentals.

The blue-chip CSI300 index rose 0.5 percent, to 3,737.87, while the Shanghai Composite Index added 0.6 percent to 3,273.03 points, its highest since mid-April.

• Hong Kong stocks closed at a 25-month high on Monday after completing a seventh-straight month of gains, powered by strength in dual-listed resource firms which forecast rises in first-half earnings.

The Hang Seng index rose 1.3 percent, to 27,323.99, while the China Enterprises Index gained 0.7 percent, to 10,827.84 points.

Reference: Reuters, CNBC

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