• MTS Futures News_AM_20160421

    21 Apr 2016 | SET News

Asian shares hovered close to 5-1/2-month highs on Thursday as oil prices showed surprising resilience partly on hopes that oil producers may eventually agree on a measure to ease a global glut.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent while Japan's Nikkei gained 2.0 percent.

Wall Street ended less than 2 percent short of a record-high close on Wednesday as a rebound in oil prices added to optimism sparked by a raft of earnings reports.

Driven 15 percent higher since mid-February by a recovery in weak oil prices and helped by a softer dollar, the S&P 500 stood less than 30 points below last May's all-time peak.


Reference: Reuters

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