• MTS Futures News_PM_20180514

    14 May 2018 | SET News

• European stocks traded mixed Monday morning as investors focused on Italian politics, trade relations between the U.S. and China, and a dip in oil prices.

The pan-European Stoxx 600 was flat, up just 0.02 percent, with sectors and major bourses moving in opposite directions.

• Asian shares rose to near two-month highs on Monday on hopes of a thaw in U.S.-China trade tensions as U.S. President Donald Trump pledged to help ZTE Corp “get back into business, fast” after a U.S. ban crippled the Chinese technology company.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.4 percent, while Japan's Nikkei .N225 tacked on 0.5 percent.

• Japan’s Nikkei share average rose to a 3-1/2 month high on Monday following sharp gains in cosmetics maker Shiseido after better-than-expected earnings offset weak tech shares, which tracked declines in their U.S. counterparts last week.

The Nikkei ended 0.5 percent higher to 22,865.86, the highest closing level since Feb. 2.

Shiseido Co jumped more than 15 percent to a record high and was the second most traded stock by turnover after its operating profit for the January-March quarter soared 95.3 percent to 47.1 billion yen.

• China stocks rose on Monday amid signs of easing trade tensions between Beijing and Washington, while investors awaited MSCI’s final A-share inclusion list.

The blue-chip CSI300 index rose 0.9 percent, to 3,909.29, while the Shanghai Composite Index rose 0.3 percent to 3,174.03 points.


Reference: Reuters, CNBC

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