• MTS Futures News_PM_20170629

    29 Jun 2017 | SET News

• Japan's Nikkei share average neared two-year highs on Thursday after Wall Street rebounded, with tech shares such as Advantest Corp and Shin-Etsu Chemical outperforming the overall market.

The Nikkei gained 0.45 percent to 20,220.30, moving closer to 20,318.11 hit last week, the highest level since August 2015.

• Japanese stocks are expected to notch a near 9 percent gain this calendar year on solid corporate earnings growth, a relatively weaker currency, as well as lingering optimism about the U.S. economy, a Reuters poll found.

The Nikkei share average .N225 is forecast to trade at 20,750 at the end of the year, up 3 percent from Wednesday's close of 20,130.41, according to the median of 20 analysts and fund managers polled by Reuters in the past week.

It is then forecast to reach 21,500 by end-June 2018.

• China stocks rose on Thursday, driven by strong gains in raw material shares as a weaker dollar lifted commodities prices.

The blue-chip CSI300 index rose 0.6 percent, to 3,668.83 points, while the Shanghai Composite Index gained0.5 percent to 3,188.06 points.


Reference: Reuters, CNBC

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