• MTS Futures News_PM_20180607

    7 Jun 2018 | SET News

·         European markets traded higher Thursday morning, boosted by a rally in U.S. stocks in the previous session.

The pan-European Stoxx 600 was 0.25 percent higher with almost every sector trading in positive territory.

·         Asian shares rose to a fresh 11-week high on Thursday, supported by sound economic fundamentals, while expectations the European Central Bank (ECB) may soon start to wind down its stimulus boosted the euro and global bond yields.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS advanced 0.5 percent to extend its gains, hitting a 2-1/2-month high for a second straight day. Japan's Nikkei average .N225 rose 0.9 percent.

·         Japan’s Nikkei share average rose to more than two-week highs on Thursday to stay above a key technical level as it tracked Wall Street gains overnight, while non-ferrous metal stocks staged a rally after copper prices soared.

The Nikkei .N225 gained 0.9 percent to 22,823.26, the highest closing price since May 22, and it comfortably sat above its 25-day moving average of 22,580.76.

·         China stocks slipped on Thursday as consumer and healthcare firms took a breather after recent gains. 

The blue-chip CSI300 index closed 0.2 percent down at 3,831.01 while the Shanghai Composite Index also lost 0.2 percent to 3,109.50 points.


Referenece: Reuters, CNBC

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