• MTS Futures News_PM_20171108

    8 Nov 2017 | SET News


• European stocks edged slightly higher on Wednesday as investors focused on earnings and monitored President Donald Trump's trip to Asia.

The pan-European Stoxx 600 was 0.09 percent higher with most sectors moving in positive territory.

Investors are set to remain focused on corporate results with Unicredit, Marks&Spencer, Persimmon, E.On and Vonovia among the firms reporting.

• Asian shares wrung out another decade peak on Wednesday as data showed China’s demand for imports remained buoyant, while the dollar dipped amid concerns Republican plans for major U.S. tax cuts were running into headwinds.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS erased early losses to rise 0.2 percent, its highest since November 2007

• Japan’s Topix index hit a near 11-year high on Wednesday as foreign investors continued to pile in on strong earnings hopes for Japan Inc., though the Nikkei edged down from a near 26-year high on profit-taking.

The Nikkei ended 0.1 percent lower to 22,913.82, though remained near 22,953.18 hit on Tuesday, its highest level since January 1992.

The broader Topix rose 0.2 percent to 1,817.60, the highest closing level since February 2007, with traders citing foreign investors’ ongoing appetite in companies with strong earnings hopes.

• China's blue-chip index reversed earlier gains to end lower, weighed down by healthcare and consumer stocks, and after data showed the country's exports growth slowed in October.

The blue-chip CSI300 index fell 0.2 per cent to 4,048.01 points, before climbing to a 27-month high, while the Shanghai Composite Index added 0.1 per cent to 3,415.46 points.


Reference: Reuters, CNBC

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