• MTS Futures News_PM_20181212

    12 Dec 2018 | SET News

• European stocks opened higher Wednesday morning, as President Donald Trump said he was upbeat about the chances of securing a trade deal with China. Meanwhile, sterling was weighed down on news that British Prime Minister Theresa May will face a vote of no-confidence from members of her own Conservative party later in the session.

The pan-European Stoxx 600 was up around 0.3 percent shortly after the opening bell, with most sectors and major bourses in positive territory.

• Japan’s Nikkei posted its biggest daily gain in more than a month on Wednesday as investors’ risk appetite revived on positive developments in Sino-U.S. trade relations.

U.S. President Donald Trump said on Tuesday that China was buying a “tremendous amount” of U.S. soybeans and that trade talks with Beijing were under way by telephone, with more meetings likely among U.S. and Chinese officials.

The Nikkei share average soared 2.2 percent to 21,602.75 points, its biggest daily percentage gain since early November. It had ended at the lowest closing level since March in the previous session.

• Chinese and Hong Kong stocks edged higher on Wednesday after Huawei’s chief financial officer was granted bail by a Canadian court, and as U.S. President Donald trump sounded upbeat about a trade deal with China.

However, investors stayed on the sidelines, fearing further losses towards the end of a challenging year.

The Shanghai Composite index edged 0.2 percent higher at 2,599.16. The blue-chip CSI300 index also traded 0.2 percent higher.


Reference: Reuters, CNBC 
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