• MTS Futures News_PM_20170323

    23 Mar 2017 | SET News


•        Asian stocks edged up on Thursday, while the dollar's gains were limited as U.S. President Donald Trump's struggle to push through a healthcare reform bill raised doubts over whether he can win support for pro-growth economic policy measures.

 

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS advanced 0.2 percent.

 

Global index provider MSCI Inc (MSCI.N) is seeking feedback from market participants on whether to add Chinese shares to a widely tracked index, a move which could trigger billions of dollars in capital inflows into mainland stocks and ease pressure on its yuan currency.

 

•        The Nikkei share average edged up on Thursday, crawling back from a 1-1/2-month low, as support from a weaker yen helped offset a political scandal centered on the wife of Japan's prime minister.

 

The Nikkei ended 0.2 percent higher at 19,085.31 points, after traversing in negative and positive territory. Earlier, it hit as low as 18,973.75, its lowest intraday level since Feb. 9.

 

•        China stocks ended slightly higher on Thursday, despite a slump in Shanghai B shares amid worries over tight liquidity and stepped-up regulation.

 

The blue-chip CSI300 index rose 0.4 percent, to 3,461.98 points, while the Shanghai Composite Index added 0.1 percent, to 3,248.55 points.

 

The index tracking the dollar-dominated Shanghai B-shares tumbled as much as 3.9 percent, before closing 1.7 percent lower, posting its worst day in two months. Shares traded in Shanghai and Shenzhen exchanges in foreign currency are B shares, while A shares are those denominated in yuan.

Reference: Reuters,CNBC

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