• MTS Futures News_PM_20200413

    13 Apr 2020 | SET News



· Global equities weakened on Monday as investors braced for more indications of economic damage from the coronavirus pandemic while oil prices rose in choppy trade following a landmark deal by OPEC and its allies to cut output.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS lost 0.3%. The Nikkei .N225 fell 1.9%, South Korean shares .KS11 dropped 1.3% while China's CSI300 index .CSI300 lost 0.5%.

· Japanese shares fell on Monday as investors worried about the impact of the coronavirus outbreak on corporate earnings, though stocks of key oil exploration firms rose after major producers finally agreed their biggest-ever output cut.

The benchmark Nikkei average dropped 2.3% to 19,043.40 on subdued activity.

The broader Topix fell 1.7% to 1,405.91, with all but two of the 33 sector sub-indexes on the exchange finishing in negative territory.

· Stocks ended lower on Monday in China, as the country's new daily coronavirus cases approached a near six-week high.

At the close, the Shanghai Composite index .SSEC was down 0.49% at 2,783.05.

· European markets closed higher Thursday as investors digested the latest U.S. jobless data and a $2.3 trillion stimulus package from the Federal Reserve.

The pan-European Stoxx 600 closed up by 1.4% provisionally, with travel and leisure stocks jumping over 4% to lead gains as all sectors traded in positive territory



Reference: CNBC, Reuters


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