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Asia-Pacific stocks benefitted from Wall.....>

STOCKS
STOCKS: Asia-Pacific stocks benefitted from Wall St.'s positive lead, with the
major indices all lodging gains on Friday.
- The Nikkei 225 received an additional boost from the softer JPY, which allowed
exporting names to rally, as the materials and IT sectors led the way higher,
with telecoms providing a modest counterbalance.
- Chinese A-shares were supported by BBG reports that FTSE Russell is
considering including the space in its indices, potentially with a larger
weighting than the one employed at MSCI, although the CSI 300 only managed to
print marginal gains after U.S. President Trump cast some doubt over the recent
positive reports re: U.S.-China trade talks on Thursday.
- The Hang Seng was more buoyant adding 0.8%, led by the health care and
consumer discretionary sectors.
- Australia's ASX 200 added around 0.7%, with health care and IT leading the
advance.
- U.S. index futures managed to record marginal gains.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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