• MTS Futures News_AM_20160211

    11 Feb 2016 | SET News

- The Dow Jones industrial average .DJI ended down 99.64 points, or 0.62 percent, at 15,914.74. The S&P 500 .SPX closed down 0.35 points, or 0.02 percent, at 1,851.86. The Nasdaq Composite .IXIC rose 14.83 points, or 0.35 percent, to 4,283.59.

Europe's broad FTSEurofirst 300 index .FTEU3 ended up 1.78 percent, at 1,241.49. On Tuesday, the index fell 1.6 percent and hit its lowest since September 2013.

- Asian shares sputtered on Thursday (Feb 11) as US Federal Reserve Chair Janet Yellen's tone of guarded optimism led to an indecisive finish for Wall Street and further weakness for the dollar.

While European banks found a moment of stability, a renewed rush to the safety of longer-term US Treasury debt suggested the flight from risk was far from over.

The euro zone's banking index ended Wednesday up 6.9 per cent, but still appeared destined for a seventh straight weekly decline in the longest losing streak since 1998.

Singapore's Straits Times Index fell 1 per cent at the open, and was trading down 0.75 per cent at 2,562.67 as of 9:11 am.

South Korea re-opened from holiday with a 2.5 per cent drop as it caught up with losses elsewhere.

The absence of Japan for a holiday might actually help the mood as Tokyo has been the hardest hit market this week. The Nikkei sank 7.6 per cent in just two sessions as a surging yen dimmed the outlook for exports and profits.

* Market in Japan will be closed in National Foundation Day.

* Markets in China, Taiwan and Vietnam still closed in Spring Festival.

Reference: Reuters, Straitstimes

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