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Asia-Pacific stocks moved higher, latching...>

STOCKS
STOCKS: Asia-Pacific stocks moved higher, latching on to the positive lead from
Wall St.
- The Nikkei 225 also benefitted from the softer JPY, adding 1.0%, as all of the
major sectors moved higher, with the consumer discretionary & real estate
sectors leading the way.
- The Hang Seng was more hesitant, adding 0.3%, capped by losses for industrials
and the energy sector. We also learnt that Chinese investors will eventually be
able to buy stocks with weighted-voting rights via the south-bond stock link
with Hong Kong, only days after China's exchanges barred such transactions,
following a visit from the HKEX chief to the mainland.
- China's CSI 300 added 0.9%, but is still struggling to advance in the wake of
last week's false break higher.
- Australia's ASX 200 added 0.7%, with the heavyweight materials sector leading
the way, while energy was the only sector to trade lower.
- U.S. index futures printed 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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