• MTS Futures News_PM_20170612

    12 Jun 2017 | SET News

• Asian stocks fell on Monday, with electronics heavyweights such as Samsung Electronics knocked lower by a slide in U.S. tech shares and caution ahead of this week's U.S. Federal Reserve policy meeting.

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.8 percent, with the tech index sliding 1.5 percent.

• Japan's Nikkei share average ended lower on Monday, dragged down by declines in technology shares after their U.S. counterparts were sold off sharply in the previous session.

The Nikkei ended down 0.5 percent at 19,908.58.

On Friday, Apple Inc shares dropped 3.9 percent in their biggest daily percentage decline since April 2016, after a report that iPhones to be launched this year would use modem chips with slower download speeds than rival smartphones.

• China stocks fell on Monday as tech plays succumbed to a sell-off in the U.S. and other Asian markets, and as investors worried that tighter credit will drag on corporate profitability and economic growth in coming months.

The blue-chip CSI300 index ended little changed at 3,574.39 points, while the Shanghai Composite Index lost 0.6 percent to 3,139.88.

• Hong Kong stocks fell the most in nearly two months on Monday, as a slump in tech shares - fanned by the sell-off in their U.S. counterparts - triggered broader profit-taking in what had been one of the world's best-performing equity markets this year.

The Hang Seng index fell 1.2 percent, to 25,708.04, while the China Enterprises Index lost 1.0 percent, to 10,485.85 points.


Reference: Reuters,CNBC
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