• MTS Futures News_PM_20180424

    24 Apr 2018 | SET News





·       European shares had a choppy opening on Tuesday as a batch of first-quarter corporate results failed to set a clear trend, and chipmakers were weighed down by AMS’ warning of a downturn in orders. The pan-European STOXX 600 was up 0.16 percent by 0735 GMT after spending some time in negative territory as it moved towards a heavy week of earnings.



·       Asian stocks bounced from near two-week lows on Tuesday as investors paused for breath following the heavy selling of recent sessions and waited to see if the dollar’s rally was sustainable.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was 0.2 percent higher, having hit its lowest level since April following two straight days of declines.

·       Japanese shares hit a two-month closing high on Tuesday with financials leading gains after U.S. bond yields spiked to four-year highs and as investors remained optimistic about upcoming earnings.

The Nikkei advanced 0.86 percent to 22,278. From its six-month low hit in late March, it has gained 9.5 percent, and coming near major resistance of 100-day moving average, which came at22,340.

·       China stocks posted their strongest gains in two months on Tuesday as the Communist Party declared its determination to achieve this year’s economic targets in the face of rising global trade tensions.

The blue-chip CSI300 index ended up 2.0 percent at 3,843.49 points, while the Shanghai Composite Index also climbed percent to 3,128.93. Both indexes logged their best daily gain since Feb.22.


Reference: Reuters,CNBC

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