• MTS Futures News_PM_20180621

    21 Jun 2018 | SET News

·         European markets were higher Thursday morning against a backdrop of growing tensions in the oil market ahead of an OPEC meeting that could expand crude production.

The pan-European Stoxx 600 was up around 0.4 percent during early morning deals, with most sectors and major bourses in positive territory.

·         Shares crept higher in most major markets on Thursday as a lull in the Sino-U.S. trade tussle and talk of more stimulus in China helped calm nerves, though the nagging trade tensions caused Chinese shares to slip, dragging other Asian markets lower.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS had gained as much as 0.5 percent before falls led by Chinese shares pushed it down 0.4percent.

·         Japan’s Nikkei share average rose on Thursday as concerns over China-U.S. trade issues that hit markets early this week appeared to recede, while technology stocks rallied on the back of Nasdaq’s strong performance.


The Nikkei index rose 0.61 percent to 22,693.04.

·         China stocks shed early gains to end lower on Thursday, with the benchmark Shanghai index closing at a two-year low, as caution prevailed amid lingering worries over Sino-U.S. trade spat.

The blue-chip CSI300 index closed down 1.2 percent at 3,592.97 points, while the Shanghai Composite Index ended 1.4 percent lower to 2,875.81 points.

 

Referenece: Reuters, CNBC


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