• MTS Futures News_PM_20170802

    2 Aug 2017 | SET News


• Japan's Nikkei share average rose to a 1-1/2-week high on Wednesday, supported by strong domestic earnings as well as a rally among Apple's suppliers after the iPhone maker reported robust profits.

The Nikkei ended 0.5 percent higher at 20,080.04, its highest closing level since July 21.

• China's stocks slipped on Wednesday, with continued strength in materials shares offset by weakness in small-cap firms.

The blue-chip CSI300 index fell 0.3 percent, to 3,760.85, while the Shanghai Composite Index lost 0.2 percent to 3,285.06 points.

• Apple Inc on Tuesday delivered surprisingly strong fiscal third-quarter earnings and signaled that its upcoming 10th-anniversary phone lineup is on schedule, driving the stock up 6 percent to an all-time high in after-hours trading.

The stock climbed above its intraday record high to $159.10 after the company reported better-than-expected iPhone sales, revenue and earnings per share. The stock price move was expected to help drive the Dow Jones Industrial Average over the 22,000 mark on Wednesday.


Reference: Reuters, CNBC

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