• MTS Futures News_PM_20170828

    28 Aug 2017 | SET News


• Japanese stocks ended flat in thin trade on Monday, as investors assessed the impact of a weaker dollar following the Jackson hole central bank conference and casualty insurers fell on worries about the impact of Tropical Storm Harvey.

The Nikkei share average was flat at 19,449.90, after logging its sixth straight weekly fall on Friday for its longest losing streak since January 2014.

• The Shanghai Composite Index gained 0.9 percent to 3,362.65 points, extending its rise above the closely-watched 3,300 mark, which has proved to be a stiff resistance level in the past.

There have been only fleeting breaches of 3,300 since 2015 -- and the SSEC is getting into technically overbought territory -- but analysts said a combination of robust earnings and economic reforms could give the rally more staying power this time.

• European shares fell on Monday in a broad sell-off as the euro strengthened after ECB chief Mario Draghi did not express concern about a strong currency in a closely watched speech on Friday.

• Hong Kong’s benchmark stock index ended Monday flat, after briefly breaching the 28,000-point level for the first time since May 2015, as weakness in consumer and technology stocks offset strength in financial plays.

The Hang Seng index rose 0.1 percent, to 27,863.29, while the China Enterprises Index gained 0.5 percent, to 11,342.07 points.


Reference: Reuters, CNBC

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