• MTS Futures News_PM_20180112

    12 Jan 2018 | SET News


• European stocks moved higher on Friday morning as investors digested new earnings and data.

The pan-European Stoxx 600 was 0.12 percent higher with most sectors moving in positive territory.

• Asian stocks resumed their ascent on Friday, supported by U.S. earnings optimism and higher oil prices while the euro edged up as the European Central Bank signaled an end to its massive stimulus.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6 percent, following two straight sessions of decline and is on course to log its fifth straight week of gains. Japan’s Nikkei, however, dropped for a third day, shedding 0.2 percent for the day and 0.3 percent for the week.

• Japan’s Nikkei share average edged lower on Friday as weakness in exporters weighed on the index, but strong gains in index-heavy Fast Retailing on record quarterly profit limited the losses.

The Nikkei ended 0.2 percent lower at 23,653.82, slightly below its 5-day moving average of 23,743.39. For the week, it dropped 0.3 percent.

• China stocks managed to look past soft trade data and end the week higher on Friday, with the benchmark Shanghai index up for the 11th straight session on strong gains in consumer and financial firms.

At the close, the Shanghai Composite index was up 3.97 points or 0.12 percent at 3,429.32.

Reference: Reuters, CNBC

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