• MTS Futures News_PM_20161221

    21 Dec 2016 | SET News

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS inched up 0.3 percent on Wednesday, but that followed a string of losses.

Japan's Nikkei share average edged down on Wednesday in choppy trade ahead of the holidays as investors locked in gains after the market hovered at more than one-year highs earlier.

The Nikkei ended 0.3 percent lower at 19,444.49 after trading in positive territory in the morning.

The broader Topix dropped 0.5 percent at 1,544.94, while the JPX-Nikkei Index 400 declined 0.4 percent to13,850.89.

China stocks rebounded on Wednesday, as fears of a liquidity squeeze in the banking system subsided after risks from a bond scandal appeared contained, and on a pledge to deepen reforms in state-owned sectors.

The blue-chip CSI300 index rose 0.9 percent, to 3,338.54 points, while the Shanghai Composite Index gained1.1 percent to 3,137.43 points, both snapping a two-session losing streak.

Hong Kong stocks broke a four-day losing streak and advanced on Wednesday, thanks to support from the mainland and Wall Street.

The Hang Seng index erased some gains in the morning session and added 0.4 percent to 21,809.80 points at the close, after hitting the lowest in five months in the previous session.

The Hong Kong China Enterprises Index gained 0.5 percent, to 9,331.63 points.


Reference: Reuters

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