• MTS Futures News_PM_20170823

    23 Aug 2017 | SET News


• Asian stocks steadied on Wednesday, taking a breather after the previous day's surge, lacking the momentum to keep up with a global rally spurred by gains for tech shares on Wall Street and miners in Europe.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS, which initially inched up to a two-week high, pulled back to stand little changed following a 0.7 percent rally on Tuesday.

• Japan's Nikkei share average posted modest gains on Wednesday, snapping five straight days of losses that marked its longest losing streak since April2016.

The market was helped by a rebound in Wall Street shares overnight, but the main index pared early gains following comments from U.S. President Donald Trump on the NAFTA trade treaty and his plan to build a border wall.

The Nikkei ended 0.3 percent higher at 19,434.64 points.

• China's main stock indexes ended little changed on Wednesday, with profit taking in steel firms offsetting a rise in banks ahead of earnings reports that could set the tone for financials for the rest of the year.

The CSI300 index rose 0.1 percent to 3,756.09 points, while the Shanghai Composite Index fell 0.1 percent to 3,287.70.

• The Hong Kong stock exchange halted trading for the full day on Wednesday as a strong typhoon lashed the financial centre and other parts of southern China.


Reference: Reuters, CNBC

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