• MTS Futures News_PM_20171129

    29 Nov 2017 | SET News


• European stocks were higher on Wednesday morning after record peaks on Wall Street in the previous session, while bitcoin surged past $10,000 for the first time.

The pan-European Stoxx 600 opened up 0.61 percent shortly after the opening bell, with almost all sectors and major bourses in the positive territory.

• Asian share markets were not as jubilant, checked by caution over the latest missile test by North Korea and concerns at recent softness in Chinese shares.

The prospects for a U.S. tax cut seemed to improve after Senate Republicans rammed forward their bill in a partisan committee vote that set up a full vote by the Senate as soon as Thursday, although details of the measure remained unsettled.

Some analysts, however, did warn of the risks of unintended consequences if the package was passed.

• Japanese stocks rose on Wednesday as banks and financial shares tracked their U.S. counterparts higher, shrugging off another North Korean missile launch.

The Nikkei share average ended 0.5 percent higher at 22,597.20, while the broader Topix advanced 0.8 percent to 1,786.15.

• China and Hong Kong shares fell on Wednesday despite gains on Wall Street, with investors’ risk appetite curbed by North Korea’s latest missile test. At 04:08GMT, the Shanghai Composite index was down 16.19 points or 0.49 percent at 3,317.47.

China’s blue-chip CSI300 index was down 0.89 percent, with its financial sector sub-index lower by 0.54 percent, the consumer staples sector down 2.34 percent, the real estate index up 1.67 percent and healthcare sub-index down 1.51 percent.

Chinese H-shares listed in Hong Kong fell 0.6 percent at 11,635.6, while the Hang Seng Index was down 0.36 percent at 29,574.82.


Reference: Reuters, CNBC

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