• MTS Futures News_AM_20160705

    5 Jul 2016 | SET News


Asian shares stepped back after five straight days of gains on Tuesday as investors took stock of a rally driven by the hope that central banks will provide stimulus to offset a likely downturn triggered by Brexit.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dipped 0.1 percent, but was still within reach of its June 9 peak, having risen more than 6 percent from its low after the Brexit vote.

Japan's Nikkei .N225 dropped 0.5 percent. Financial and commodities markets in the United States were closed on Monday for Independence Day.

In Europe, the FTSEurofirst 300 index .FTEU3 fell 0.6 percent, snapping its four-day winning streak, led by a 1.6 percent decline in bank shares .SX7P.

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