• MTS Futures News_PM_20180202

    2 Feb 2018 | SET News


• European equities open lower on Friday morning as investors digest further earnings reports.

The pan-European Stoxx 600 was 0.3 percent lower with most sectors trading in negative territory.

• Japan’s Nikkei share average fell on Friday on weakness in most sectors, with banking stocks down on worries that domestic bond yields would be kept low after the central bank conducted a special bond purchase operation to curb rising yields.

The Nikkei dropped 0.9 percent to 23,274.53. For the week, it dropped 1.5 percent.

• China stocks reversed earlier losses and ended higher on Friday, underpinned by robust gains in resources firms. But major indexes still posted hefty weekly drops, led by the Shanghai benchmark index which posted its worst week in 14 months.

Market sentiment remained unstable, with more than 60 stocks tumbling the maximum allowed 10 percent, as investors continued to dump small-caps after firms including Leshi flagged large losses for 2017.

At the close, the Shanghai Composite index was up 15.96 points or 0.5 percent at 3,462.94.


Reference: Reuters, CNBC

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