• MTS Futures News_AM_20160630

    30 Jun 2016 | SET News


U.S. stocks closed more than 1.5 percent higher Tuesday, lifted by gains in oil prices, as investors looked for bargains after the Brexit sell-off. Analysts also noted improved sentiment after initial fears of significant negative spillover from Brexit.

The Dow Jones industrial average closed up 284.96 points, or 1.64 percent

European stocks soared by Wednesday's close as global markets realized that any change to the status quo in the European Union (EU) after the Brexit vote is unlikely to change in the short-term.

The pan-European STOXX 600 jumped 3.1 percent at Europe's close, with all sectors except autos closing sharply higher.

London's FTSE index jumped 3.6 percent by the close, erasing all of the losses it made after the Brexit vote.

Asia stocks rose on Thursday, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen retreated as global markets regained a semblance of calm after last week's Brexit shock.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.4 percent, pulling further away from a one-month low on Friday when it plunged more than 3 percent in reaction to Britain's decision to leave the European Union.


Reference: CNBC

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