Free Trial

Asia-Pacific stock indices followed their....>

STOCKS
STOCKS: Asia-Pacific stock indices followed their US counterparts higher after
the fear surrounding the Italian political situation abated, at least for now.
- The Nikkei 225 added 0.8% as automakers and chemical names led the advance,
although the utilities sector was provided a notable drag on the index.
- The Hang Seng added a little under 0.9% as the energy sector led the charge,
followed in close order by consumer staples, while telecoms lagged. China's CSI
300 was the regional outperformer adding 1.5% as the country's official PMI
suite posted stronger results than expected.
- The energy & materials sectors led the ASX higher, with the benchmark index
adding 0.5%, although real estate and health care names curtailed gains.
- US index futures posted marginal losses overnight.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.