• MTS Futures News_PM_20161021

    21 Oct 2016 | SET News

Asian stocks were mostly lower on Friday as the dollar climbed to seven-month highs against a basket of currencies and dragged down crude oil prices, cooling investor risk appetite.

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4 percent.

Japan's Nikkei share average edged down in choppy trade on Friday, snapping a five-day winning streak while investors await for major Japanese companies to report their mid-year results next week.

The Nikkei ended 0.3 percent lower at 17,184.59, falling for the first time in six sessions. For the week, it was still up 1.9 percent.

China stocks traded sideways on Friday but managed to end the session slightly up, as strength in infrastructure shares offset concerns rooted in continuing yuan weakness.

The blue-chip CSI300 index rose 0.3 percent, to 3,327.80 points, while the Shanghai Composite Index gained 0.2 percent, to 3,091.29 points.

For the week, CSI300 was up 0.7 percent, while SSEC gained 0.9 percent.

As typhoon Haima edges closer to Hong Kong, the Hong Kong Observatory issued the No. 8 Northwest Gale or Storm Signal at 6.10 a.m. HKT on Friday, bringing transport and public services to a standstill.

Hong Kong's stock and futures market and the gold market are suspended. Hong Kong Ocean Park and Disneyland are also closed due to bad weather.

Reference: Reuters, Xinhua

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