• MTS Futures News_PM_20161125

    25 Nov 2016 | SET News

Asian stocks advanced on Friday as the Thanksgiving break in the United States helped slow a relentless surge in the dollar that has sucked capital out of most emerging markets.

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.5 percent. It is set to end the week 1.7 percent higher, its biggest weekly gain in two months.

Japan's Nikkei share average rose for a seventh straight session on Friday after U.S. shares soared and the dollar jumped further against the yen, boosting prospects for better corporate earnings.

The Nikkei rose 0.3 percent to 18,381.22, extending its longest winning streak since November 2015.

China's leading share index capped its best week in nearly 6 months on Friday as investors continued to scoop up blue-chips on signs that the economy is on steadier footing.

The CSI300 index rose for a fifth straight day, advancing 0.9 percent to 3,521.30 points, its highest in nearly 11 months.

Also reflecting growing investor confidence, the Shanghai Composite Index shook off a near 1 percent drop in morning trade and ended up 0.6 percent at 3,261.94 points.

Reference: Reuters

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