• MTS Futures News_PM_20170808

    8 Aug 2017 | SET News


• Asian shares turned mixed on Tuesday as disappointing Chinese trade data clouded an otherwise bright outlook for global growth, leaving currencies and commodities becalmed in summer doldrums.

MSCI's broadest index of Asia-Pacific shares outside Japan proved relatively resilient, inching up 0.2 percent and back toward decade highs.

• Japan's Nikkei share average slid on Tuesday, as a stronger yen hurt exporters, offsetting gains in the steel sector based on a solid earnings outlook.

The Nikkei dropped 0.3 percent to 19,996.01. The broader Topix shed 0.2 percent to 1,635.32.

• China stocks edged slightly higher on Tuesday in quiet trading as investors shrugged off data showing Chinese exports and imports grew more slowly than expected in July.

The blue-chip CSI300 index rose 0.2 percent, to 3,732.69 points, while the Shanghai Composite Index gained 0.1 percent, to 3,282.95 points.

• Hong Kong shares rose on Tuesday as strong company earnings and surging prices for steel and other building materials convinced investors that China's economy remains solid despite weaker-than-expected trade data.

The Hang Seng index ended up 0.6 percent at 27,854.91 points, while the China Enterprises Index gained 0.2 percent to 11,079.79.


Reference: Reuters, CNBC

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